DSV (OTCMKTS:DSDVY) Stock Short Interest Climbs 69.1%

DSV (OTCMKTS:DSDVY) was the recipient of a large growth in short interest during 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 volume of 255,244 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DSDVY shares. Citigroup restated a “buy” rating on shares of DSV in a report on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Finally, Royal Bank Of Canada initiated coverage on shares of DSV in a research note on Thursday. They set a “sector perform” rating on the stock. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

DSV Trading Up 4.2%

Shares of OTCMKTS DSDVY traded up $3.58 during midday trading on Thursday, hitting $89.53. The stock had a trading volume of 42,851 shares, compared to its average volume of 100,838. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38. DSV has a 1-year low of $84.51 and a 1-year high of $151.98. The company has a fifty day moving average price of $98.60 and a 200 day moving average price of $113.65. The company has a market capitalization of $43.05 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 0.72 and a beta of 1.21.

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.