DSV (OTCMKTS:DSDVY) Short Interest Up 303.3% in March

DSV (OTCMKTS:DSDVY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 34,115 shares, a growth of 303.3% from the February 26th total of 8,460 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 133,381 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 133,381 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

DSV Stock Up 0.7%

DSDVY opened at $119.94 on Wednesday. The stock has a market capitalization of $57.68 billion, a price-to-earnings ratio of 40.80, a PEG ratio of 0.88 and a beta of 1.30. The firm has a 50 day moving average price of $133.39 and a 200-day moving average price of $120.06. DSV has a twelve month low of $77.78 and a twelve month high of $151.98. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.

Analysts Set New Price Targets

Several analysts have commented on DSDVY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research note on Thursday, January 15th. Citigroup reaffirmed a “neutral” rating on shares of DSV in a report on Friday, February 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus 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.