DSV (OTCMKTS:DSDVY) Short Interest Update

DSV (OTCMKTS:DSDVY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,167 shares, an increase of 264.9% from the August 31st total of 1,142 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 275,399 shares, the short-interest ratio is currently 0.0 days.

DSV Stock Performance

DSV stock traded up $2.84 during midday trading on Friday, hitting $92.87. 193,105 shares of the company were exchanged, compared to its average volume of 131,169. The firm has a market capitalization of $44.66 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 0.75 and a beta of 1.19. DSV has a fifty-two week low of $89.18 and a fifty-two week high of $151.98. The business has a fifty day simple moving average of $104.52 and a two-hundred day simple moving average of $116.90. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97.

Analyst Upgrades and Downgrades

DSDVY has been the subject of several research reports. Citigroup restated a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a report on Thursday, July 16th. Finally, Zacks Research downgraded shares of DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, DSV has an average rating of “Moderate Buy”.

About DSV

DSV A/S is a Denmark-based global transport and logistics company that provides supply chain services for businesses worldwide. Its offerings include road, air and sea freight, rail transportation, contract logistics, warehousing, customs clearance and related supply chain management services.

The company serves customers across a broad range of industries, including automotive, healthcare, technology, energy, retail and industrial manufacturing. DSV manages transportation and logistics activities across Europe, North America, Asia-Pacific, Latin America, the Middle East and Africa.

DSV was founded in Denmark in 1976 by a group of nine independent hauliers.