Short Interest in Deliveroo plc (OTCMKTS:DROOF) Declines By 7.3%

Deliveroo plc (OTCMKTS:DROOF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,695,800 shares, a drop of 7.3% from the November 15th total of 1,829,000 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 8,479.0 days.

Deliveroo Stock Performance

OTCMKTS:DROOF opened at $1.89 on Tuesday. The firm’s fifty day simple moving average is $1.84 and its 200 day simple moving average is $1.82. Deliveroo has a twelve month low of $1.41 and a twelve month high of $2.24.

About Deliveroo

Deliveroo plc, a holding company, operates an online food delivery platform in the United Kingdom, Ireland, France, Italy, Belgium, Hong Kong, Singapore, the United Arab Emirates, Kuwait, and Qatar. The company connects local consumers, shops, riders and restaurants, and grocery partners. Deliveroo plc was founded in 2013 and is based in London, the United Kingdom.