Delivery Hero SE (OTCMKTS:DLVHF) Short Interest Down 12.2% in May

Delivery Hero SE (OTCMKTS:DLVHF) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 4,776,200 shares, a decline of 12.2% from the May 15th total of 5,440,800 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 1,404.8 days.

Delivery Hero Stock Performance

Delivery Hero stock remained flat at $29.85 during mid-day trading on Monday. The company had a trading volume of 59 shares, compared to its average volume of 3,286. Delivery Hero has a 12 month low of $17.80 and a 12 month high of $48.00. The firm’s 50-day simple moving average is $30.56 and its 200-day simple moving average is $27.90.

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.