DSV (OTCMKTS:DSDVY) Short Interest Update

DSV (OTCMKTS:DSDVY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 7,960 shares, an increase of 161.8% from the June 30th total of 3,041 shares. Based on an average daily volume of 68,635 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

DSV Price Performance

DSV stock traded up $0.78 during mid-day trading on Tuesday, hitting $106.84. The company’s stock had a trading volume of 75,180 shares, compared to its average volume of 93,696. The stock has a market capitalization of $51.38 billion, a P/E ratio of 33.92, a P/E/G ratio of 0.86 and a beta of 1.19. DSV has a twelve month low of $97.90 and a twelve month high of $151.98. The stock’s fifty day moving average price is $121.52 and its two-hundred day moving average price is $126.92. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. The company had revenue of $11.03 billion during the quarter, compared to the consensus estimate of $10.89 billion. DSV had a return on equity of 9.38% and a net margin of 2.41%. Research analysts forecast that DSV will post 4.84 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DSDVY. Zacks Research lowered DSV from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a report on Thursday, July 16th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research report on Thursday. Finally, Citigroup reissued a “buy” rating on shares of DSV in a report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

About DSV

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.