Delivery Hero SE (OTCMKTS:DLVHF) Short Interest Down 32.4% in July

by · The Cerbat Gem

Delivery Hero SE (OTCMKTS:DLVHF – Get Free Report) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 761,008 shares, a decline of 32.4% from the June 30th total of 1,126,366 shares. Based on an average daily trading volume, of 33,795 shares, the days-to-cover ratio is currently 22.5 days.

Analyst Upgrades and Downgrades

DLVHF has been the topic of a number of analyst reports. Jefferies Financial Group cut Delivery Hero to a “hold” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Delivery Hero in a report on Thursday, July 16th. Oddo Bhf lowered shares of Delivery Hero to an “underperform” rating in a report on Monday, May 25th. UBS Group lowered shares of Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Finally, Citigroup reiterated a “neutral” rating on shares of Delivery Hero in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Delivery Hero has a consensus rating of “Hold”.

View Our Latest Analysis on Delivery Hero

Delivery Hero Stock Performance

OTCMKTS DLVHF opened at $40.92 on Friday. Delivery Hero has a one year low of $17.48 and a one year high of $46.49. The stock’s 50 day simple moving average is $42.28 and its 200 day simple moving average is $31.01.

About Delivery Hero

(Get Free Report)

Delivery Hero SE is a global online food‐ordering and delivery platform that connects consumers, restaurants and couriers through its digital marketplace. The company’s core business revolves around providing a seamless, on‐demand food delivery experience via mobile apps and websites. Beyond traditional restaurant delivery, Delivery Hero also operates a network of cloud kitchens—known as “dark kitchens”—to meet growing consumer demand for a broader variety of cuisines and faster fulfilment times.

Founded in 2011 and headquartered in Berlin, Germany, Delivery Hero has grown through a combination of organic expansion and strategic acquisitions.

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