Short Interest in DSV (OTCMKTS:DSDVY) Expands By 303.3%

DSV (OTCMKTS:DSDVY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 34,115 shares, a growth of 303.3% from the February 26th total of 8,460 shares. Based on an average daily volume of 133,381 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 133,381 shares, the days-to-cover ratio is currently 0.3 days.

DSV Stock Performance

Shares of DSV stock opened at $119.94 on Wednesday. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $57.68 billion, a P/E ratio of 40.80, a P/E/G ratio of 0.88 and a beta of 1.30. The business has a fifty day simple moving average of $133.39 and a two-hundred day simple moving average of $120.06. DSV has a 12 month low of $77.78 and a 12 month high of $151.98.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DSDVY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, January 15th. Citigroup reissued a “neutral” rating on shares of DSV in a research note on Friday, February 6th. Finally, Morgan Stanley restated an “overweight” rating on shares of DSV in a report on Friday, February 6th. One 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. According to data from MarketBeat.com, the company 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.