Delivery Hero SE (OTCMKTS:DLVHF) Short Interest Up 25.4% in December

Delivery Hero SE (OTCMKTS:DLVHF) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 3,359,300 shares, a growth of 25.4% from the December 15th total of 2,679,000 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 746.5 days.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Barclays upgraded shares of Delivery Hero to a “strong-buy” rating in a research note on Thursday, January 9th. BNP Paribas downgraded shares of Delivery Hero from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Finally, Citigroup upgraded shares of Delivery Hero to a “hold” rating in a report on Tuesday, October 15th.

Delivery Hero Stock Performance

Delivery Hero stock remained flat at $29.35 during mid-day trading on Friday. Delivery Hero has a one year low of $17.80 and a one year high of $44.79. The stock has a fifty day simple moving average of $33.37 and a 200-day simple moving average of $31.52.

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.