Short Interest in DHL Group Sponsored ADR (OTCMKTS:DHLGY) Rises By 345.0%

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

Analyst Ratings Changes

A number of analysts have commented on the stock. Kepler Capital Markets upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Zacks Research downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Jefferies Financial Group downgraded DHL Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

DHL Group Stock Performance

OTCMKTS:DHLGY opened at $32.33 on Monday. DHL Group has a twelve month low of $21.77 and a twelve month high of $33.15. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96. The company has a 50-day moving average of $30.44 and a 200-day moving average of $40.29. The firm has a market cap of $72.37 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 1.51 and a beta of 1.21.

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.