Short Interest in Delivery Hero SE (OTCMKTS:DLVHF) Drops By 5.8%

Delivery Hero SE (OTCMKTS:DLVHF) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 4,694,500 shares, a decrease of 5.8% from the August 15th total of 4,984,800 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 5,868.1 days.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Delivery Hero to a “strong-buy” rating in a research report on Thursday, August 1st.

Delivery Hero Stock Performance

Shares of DLVHF stock opened at $33.26 on Thursday. The firm has a fifty day moving average of $24.79 and a 200-day moving average of $27.40. Delivery Hero has a 52-week low of $17.80 and a 52-week high of $36.26.

About Delivery Hero

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.