Short Interest in Delivery Hero SE (OTCMKTS:DLVHF) Declines By 32.4%

Delivery Hero SE (OTCMKTS:DLVHFGet Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 761,008 shares, a decrease of 32.4% from the June 30th total of 1,126,366 shares. Based on an average daily volume of 33,795 shares, the short-interest ratio is currently 22.5 days.

Delivery Hero Price Performance

Shares of OTCMKTS:DLVHF opened at $40.92 on Friday. The firm has a fifty day moving average of $42.26 and a two-hundred day moving average of $30.94. Delivery Hero has a 12-month low of $17.48 and a 12-month high of $46.49.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Barclays downgraded Delivery Hero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of Delivery Hero in a research note on Friday, May 1st. Jefferies Financial Group lowered Delivery Hero to a “hold” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Delivery Hero in a research note on Thursday, July 16th. Finally, Citigroup reiterated a “neutral” rating on shares of Delivery Hero in a report on Wednesday, May 20th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Stock Report on DLVHF

Delivery Hero Company Profile

(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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