DSV (OTCMKTS:DSDVY) Shares Shorted: Short Interest Up 69.1% in September

DSV (OTCMKTS:DSDVY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,045 shares, a growth of 69.1% from the September 15th total of 4,167 shares. Based on an average daily trading volume, of 255,244 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DSDVY. Citigroup reaffirmed a “buy” rating on shares of DSV in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a report on Thursday, July 16th. Royal Bank Of Canada began coverage on shares of DSV in a research report on Thursday. They issued a “sector perform” rating on the stock. Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Morgan Stanley restated an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

DSV Stock Performance

Shares of DSV stock traded up $2.42 on Friday, hitting $92.23. The stock had a trading volume of 256,069 shares, compared to its average volume of 140,886. The stock has a market cap of $44.35 billion, a price-to-earnings ratio of 28.03, a P/E/G ratio of 0.75 and a beta of 1.21. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.38. DSV has a 52-week low of $84.51 and a 52-week high of $151.98. The company’s 50 day moving average price is $98.11 and its 200 day moving average price is $113.32.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company whose American depositary shares trade over the counter under the symbol DSDVY. The company provides supply chain services for businesses across a wide range of industries, coordinating the movement, storage and management of goods internationally.

Its principal activities include road, air, sea and rail freight transportation, contract logistics, warehousing, distribution, customs clearance and related supply chain management services.