Short Interest in Deliveroo plc (OTCMKTS:DROOF) Drops By 5.3%

Deliveroo plc (OTCMKTS:DROOF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 1,686,100 shares, a decrease of 5.3% from the December 15th total of 1,780,800 shares. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is currently 29.4 days.

Deliveroo Stock Performance

Shares of Deliveroo stock opened at $1.75 on Friday. The company has a fifty day simple moving average of $1.72 and a 200-day simple moving average of $1.82. Deliveroo has a 12-month low of $1.41 and a 12-month high of $2.24.

Deliveroo Company Profile

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.