HelloFresh SE (OTCMKTS:HLFFF) Sees Large Decline in Short Interest

HelloFresh SE (OTCMKTS:HLFFF) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,211,000 shares, a drop of 31.2% from the November 30th total of 1,759,700 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is presently 48.4 days.

HelloFresh Stock Performance

HLFFF stock traded down $0.73 on Monday, reaching $10.70. The company’s stock had a trading volume of 180 shares, compared to its average volume of 5,487. The firm has a fifty day moving average of $11.48 and a two-hundred day moving average of $8.90. HelloFresh has a 52 week low of $4.96 and a 52 week high of $15.44.

HelloFresh Company Profile

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.