Short Interest in DSV A/S (OTCMKTS:DSDVY) Expands By 156.1%

DSV A/S (OTCMKTS:DSDVY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 10,500 shares, an increase of 156.1% from the February 28th total of 4,100 shares. Based on an average daily volume of 136,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

DSV A/S Stock Performance

Shares of DSV A/S stock traded up $0.79 on Friday, reaching $98.55. The stock had a trading volume of 99,402 shares, compared to its average volume of 79,194. DSV A/S has a fifty-two week low of $70.19 and a fifty-two week high of $115.75. The business’s 50-day moving average price is $101.88 and its two-hundred day moving average price is $104.89. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.27. The stock has a market cap of $47.39 billion, a P/E ratio of 28.82, a price-to-earnings-growth ratio of 1.28 and a beta of 1.20.

DSV A/S (OTCMKTS:DSDVY) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.12). DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. On average, sell-side analysts forecast that DSV A/S will post 3.97 EPS for the current year.

DSV A/S Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.4915 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from DSV A/S’s previous dividend of $0.33. DSV A/S’s payout ratio is 8.77%.

DSV A/S Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.