Short Interest in DSV (OTCMKTS:DSDVY) Grows By 120.6%

DSV (OTCMKTS:DSDVY) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 11,987 shares, a growth of 120.6% from the April 15th total of 5,434 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 76,741 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Several brokerages have weighed in on DSDVY. Citigroup reaffirmed a “buy” rating on shares of DSV in a research report on Friday, May 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research report on Friday, February 6th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

DSV Price Performance

Shares of DSDVY opened at $122.95 on Friday. The business’s 50-day moving average is $124.79 and its two-hundred day moving average is $125.30. The company has a market capitalization of $59.13 billion, a P/E ratio of 39.03, a P/E/G ratio of 0.88 and a beta of 1.19. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.92 and a current ratio of 0.95. DSV has a fifty-two week low of $97.90 and a fifty-two week high of $151.98.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.15. The company had revenue of $11.03 billion for the quarter, compared to the consensus estimate of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. Research analysts predict that DSV will post 5.24 earnings per share for the current 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.