DSV (OTCMKTS:DSDVY) Short Interest Down 81.0% in May

DSV (OTCMKTS:DSDVY) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,852 shares, a drop of 81.0% from the May 14th total of 9,762 shares. Based on an average daily volume of 85,115 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

DSV Stock Performance

DSV stock traded up $0.45 on Friday, hitting $124.65. The company’s stock had a trading volume of 302,567 shares, compared to its average volume of 72,304. DSV has a one year low of $97.90 and a one year high of $151.98. 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 fifty day moving average price of $124.49 and a 200-day moving average price of $127.07. The firm has a market cap of $59.94 billion, a P/E ratio of 39.57, a price-to-earnings-growth ratio of 0.84 and a beta of 1.18.

DSV (OTCMKTS:DSDVY) last issued its earnings results on Wednesday, April 29th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.77 by $0.15. DSV had a net margin of 2.55% and a return on equity of 9.45%. The company had revenue of $11.03 billion for the quarter, compared to the consensus estimate of $10.89 billion. On average, equities analysts anticipate that DSV will post 5.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

DSDVY has been the topic of a number of research reports. Citigroup reaffirmed a “buy” rating on shares of DSV in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research report on Friday, May 22nd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, DSV 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.