HelloFresh SE (OTCMKTS:HLFFF) Sees Significant Growth in Short Interest

HelloFresh SE (OTCMKTS:HLFFF) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 5,258,100 shares, a growth of 76.2% from the February 28th total of 2,984,400 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 3,505.4 days.

HelloFresh Stock Up 2.4 %

HelloFresh stock opened at $9.09 on Monday. The stock’s 50 day moving average is $11.04 and its 200 day moving average is $10.98. HelloFresh has a one year low of $4.96 and a one year high of $13.95.

About HelloFresh

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.