Short Interest in Dalata Hotel Group plc (OTCMKTS:DLTTF) Increases By 226.2%

Dalata Hotel Group plc (OTCMKTS:DLTTF) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 46,000 shares, an increase of 226.2% from the February 28th total of 14,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Dalata Hotel Group Stock Performance

Shares of OTCMKTS:DLTTF remained flat at $4.88 on Friday. The stock has a 50-day moving average of $4.88 and a two-hundred day moving average of $4.88. Dalata Hotel Group has a twelve month low of $4.88 and a twelve month high of $5.12.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dalata Hotel Group in a report on Friday, March 7th.

About Dalata Hotel Group

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.