DSV (OTCMKTS:DSDVY) Sees Large Drop in Short Interest

DSV (OTCMKTS:DSDVY) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 3,387 shares, a decline of 57.4% from the July 15th total of 7,960 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 172,247 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

DSDVY has been the topic of a number of analyst reports. Zacks Research cut shares of DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Finally, Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, DSV currently has an average rating of “Moderate Buy”.

DSV Stock Up 1.3%

Shares of DSDVY traded up $1.37 during midday trading on Friday, hitting $110.92. 76,096 shares of the company’s stock traded hands, compared to its average volume of 101,614. The firm’s fifty day moving average is $117.18 and its 200-day moving average is $124.13. 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 1 year low of $97.90 and a 1 year high of $151.98. The stock has a market capitalization of $53.34 billion, a price-to-earnings ratio of 33.71, a price-to-earnings-growth ratio of 0.90 and a beta of 1.20.

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.