DHL Group Sponsored ADR (OTCMKTS:DHLGY) Sees Large Growth in Short Interest

DHL Group Sponsored ADR (OTCMKTS:DHLGY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 80,818 shares, a growth of 345.0% from the June 30th total of 18,160 shares. Based on an average daily volume of 428,570 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several research firms recently commented on DHLGY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Citigroup restated a “buy” rating on shares of DHL Group in a research report on Friday, May 8th. Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Barclays reiterated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Finally, Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, DHL Group presently has an average rating of “Moderate Buy”.

DHL Group Price Performance

OTCMKTS DHLGY opened at $32.39 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96. DHL Group has a 1 year low of $21.77 and a 1 year high of $33.15. The company has a market cap of $72.50 billion, a PE ratio of 14.61, a PEG ratio of 1.51 and a beta of 1.21. The stock’s 50-day moving average price is $30.54 and its two-hundred day moving average price is $40.12.

About DHL Group

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.