Short Interest in Delivery Hero SE (OTCMKTS:DLVHF) Decreases By 24.3%

Delivery Hero SE (OTCMKTS:DLVHF) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 3,336,200 shares, adeclineof24.3% from the July 15th total of 4,408,700 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is presently 1,588.7 days. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is presently 1,588.7 days.

Delivery Hero Stock Performance

DLVHF opened at $27.7850 on Friday. Delivery Hero has a fifty-two week low of $23.94 and a fifty-two week high of $44.7850. The firm has a 50-day moving average of $26.44 and a 200 day moving average of $27.26.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Delivery Hero in a research report on Wednesday, May 7th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Delivery Hero Company Profile

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.