Short Interest in DSV (OTCMKTS:DSDVY) Rises By 120.6%

DSV (OTCMKTS:DSDVY) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 11,987 shares, an increase of 120.6% from the April 15th total of 5,434 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 76,741 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Several brokerages recently commented on DSDVY. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research report on Friday, February 6th. Citigroup reissued a “buy” rating on shares of DSV in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

DSV Stock Down 1.5%

Shares of DSDVY opened at $122.95 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average price of $124.79 and a two-hundred day moving average price of $125.30. The stock has a market cap of $59.13 billion, a price-to-earnings ratio of 39.03, a P/E/G ratio of 0.87 and a beta of 1.19. DSV has a 12 month low of $97.90 and a 12 month high of $151.98.

DSV (OTCMKTS:DSDVY) last issued its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. The business had revenue of $11.03 billion during the quarter, compared to analysts’ expectations of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. Equities analysts predict that DSV will post 5.24 EPS for the current fiscal year.

About DSV

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.