DSV (OTCMKTS:DSDVY) Sees Significant Drop in Short Interest

DSV (OTCMKTS:DSDVY) was the recipient of a significant drop in short interest in 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 shares of the company are short sold. Based on an average daily volume of 230,436 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 230,436 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

DSV Price Performance

Shares of DSDVY traded down $0.13 during mid-day trading on Friday, reaching $128.83. 45,985 shares of the stock traded hands, compared to its average volume of 86,412. The company has a market cap of $61.95 billion, a price-to-earnings ratio of 43.82, a price-to-earnings-growth ratio of 0.96 and a beta of 1.31. DSV has a 1 year low of $77.78 and a 1 year high of $151.98. The firm has a fifty day moving average price of $134.62 and a 200 day moving average price of $118.52. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DSDVY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a report on Thursday, January 15th. Citigroup reaffirmed 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 analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.