Dalata Hotel Group plc (OTCMKTS:DLTTF) Short Interest Up 63.9% in March

Dalata Hotel Group plc (OTCMKTS:DLTTF) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 75,400 shares, a growth of 63.9% from the March 15th total of 46,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dalata Hotel Group in a report on Friday, March 7th.

Dalata Hotel Group Stock Performance

Shares of Dalata Hotel Group stock remained flat at $5.38 during midday trading on Thursday. Dalata Hotel Group has a 12 month low of $4.88 and a 12 month high of $5.41. The business’s 50 day moving average price is $4.97 and its 200 day moving average price is $4.91.

Dalata Hotel Group Company Profile

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.