Short Interest in DSV (OTCMKTS:DSDVY) Drops By 57.3%

DSV (OTCMKTS:DSDVY) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 8,650 shares, a drop of 57.3% from the January 29th total of 20,250 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 230,436 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 230,436 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

DSDVY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research note on Thursday, January 15th. Citigroup reiterated a “neutral” rating on shares of DSV in a report on Friday, February 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

DSV Stock Performance

Shares of DSDVY traded down $0.13 during midday trading on Friday, reaching $128.83. The stock had a trading volume of 45,985 shares, compared to its average volume of 86,412. The firm has a market cap of $61.95 billion, a PE ratio of 43.82, a P/E/G ratio of 0.96 and a beta of 1.31. The firm has a 50 day simple moving average of $134.62 and a 200-day simple moving average of $118.52. DSV has a one year low of $77.78 and a one year high of $151.98. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48.

DSV Company Profile

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.