Deliveroo plc (OTCMKTS:DROOF) Short Interest Update

Deliveroo plc (OTCMKTS:DROOF) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 1,792,000 shares, a drop of 5.4% from the September 30th total of 1,893,300 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is currently 192.7 days.

Deliveroo Stock Performance

Deliveroo stock opened at $1.80 on Friday. The firm’s fifty day simple moving average is $1.86 and its 200-day simple moving average is $1.76. Deliveroo has a 1-year low of $1.41 and a 1-year 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.