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

DSV (OTCMKTS:DSDVY) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 8,650 shares, a decline of 57.3% from the January 29th total of 20,250 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 230,436 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 230,436 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

DSV Stock Down 0.1%

DSV stock traded down $0.11 during trading hours on Friday, hitting $128.85. 30,685 shares of the stock traded hands, compared to its average volume of 65,501. The company has a market cap of $61.96 billion, a PE ratio of 43.83, a PEG ratio of 0.95 and a beta of 1.31. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48. DSV has a one year low of $77.78 and a one year high of $151.98. The firm’s 50-day moving average price is $134.52 and its two-hundred day moving average price is $118.43.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research note on Thursday, January 15th. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a report on Friday, February 6th. Finally, Citigroup reissued a “neutral” rating on shares of DSV in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently 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.