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

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

HelloFresh Stock Down 17.0 %

HelloFresh stock traded down $0.73 during trading hours on Monday, reaching $10.70. 180 shares of the stock were exchanged, compared to its average volume of 5,487. HelloFresh has a 52-week low of $4.96 and a 52-week high of $15.44. The firm’s 50 day moving average is $11.48 and its 200 day moving average is $8.90.

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.