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

DSV (OTCMKTS:DSDVY) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 45,675 shares, an increase of 299.3% from the November 30th total of 11,439 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 142,015 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 142,015 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

DSV Price Performance

Shares of OTCMKTS:DSDVY opened at $128.60 on Friday. The firm has a market cap of $61.84 billion, a price-to-earnings ratio of 43.74, a P/E/G ratio of 1.80 and a beta of 1.34. The firm has a fifty day moving average price of $114.13 and a 200 day moving average price of $113.46. DSV has a fifty-two week low of $77.78 and a fifty-two week high of $128.60. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 0.98.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.08 by $0.16. DSV had a net margin of 4.23% and a return on equity of 10.92%. The business had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $11.38 billion. As a group, sell-side analysts expect that DSV will post 3.97 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. According to data from 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.