DSV (OTCMKTS:DSDVY) Short Interest Up 161.8% in July

DSV (OTCMKTS:DSDVY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 7,960 shares, a growth of 161.8% from the June 30th total of 3,041 shares. Based on an average daily trading volume, of 68,635 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

DSV Price Performance

DSV stock opened at $109.52 on Monday. The business has a fifty day moving average of $121.81 and a two-hundred day moving average of $127.09. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38. The firm has a market cap of $52.67 billion, a P/E ratio of 34.77, a P/E/G ratio of 0.86 and a beta of 1.19. DSV has a twelve month low of $97.90 and a twelve month high of $151.98.

DSV (OTCMKTS:DSDVY) last announced its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.15. The business had revenue of $11.03 billion for the quarter, compared to analysts’ expectations of $10.89 billion. DSV had a return on equity of 9.38% and a net margin of 2.41%. On average, analysts forecast that DSV will post 4.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DSDVY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Zacks Research cut shares of DSV from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Finally, Morgan Stanley reissued an “overweight” rating on shares of DSV in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average 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.