Short Interest in DSV (OTCMKTS:DSDVY) Expands By 527.0%

DSV (OTCMKTS:DSDVY) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,041 shares, an increase of 527.0% from the June 15th total of 485 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 447,335 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

DSDVY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a report on Friday, May 22nd. Citigroup reissued a “buy” rating on shares of DSV in a research report on Thursday. Finally, Zacks Research cut shares of DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

DSV Stock Performance

Shares of OTCMKTS:DSDVY traded up $0.83 during midday trading on Monday, hitting $127.94. The company’s stock had a trading volume of 23,750 shares, compared to its average volume of 94,729. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.92 and a current ratio of 0.95. The stock’s 50 day simple moving average is $121.53 and its 200 day simple moving average is $127.41. The stock has a market capitalization of $61.53 billion, a price-to-earnings ratio of 40.62, a PEG ratio of 0.92 and a beta of 1.19. DSV has a fifty-two week low of $97.90 and a fifty-two week high of $151.98.

DSV (OTCMKTS:DSDVY) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate 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%. As a group, research analysts anticipate that DSV will post 4.99 earnings per share for the current 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.