DSV (OTCMKTS:DSDVY) Sees Large Increase in Short Interest

DSV (OTCMKTS:DSDVY) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 45,675 shares, a growth of 299.3% from the November 30th total of 11,439 shares. Based on an average trading volume of 142,015 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 142,015 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, DSV currently has an average rating of “Moderate Buy”.

DSV Price Performance

Shares of OTCMKTS:DSDVY traded up $2.97 during midday trading on Thursday, reaching $128.60. The company’s stock had a trading volume of 36,630 shares, compared to its average volume of 61,435. The business’s fifty day simple moving average is $113.66 and its 200-day simple moving average is $113.36. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95. DSV has a fifty-two week low of $77.78 and a fifty-two week high of $128.60. The company has a market capitalization of $61.84 billion, a P/E ratio of 43.74, a P/E/G ratio of 1.76 and a beta of 1.34.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings data on Thursday, October 23rd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.16. The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $11.38 billion. DSV had a net margin of 4.23% and a return on equity of 10.92%. As a group, equities research analysts expect that DSV will post 3.97 EPS for the current fiscal year.

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.