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

DSV (OTCMKTS:DSDVY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 3,387 shares, a drop of 57.4% from the July 15th total of 7,960 shares. Based on an average daily volume of 172,247 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of research firms have commented on DSDVY. Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research report on Thursday, July 23rd. Citigroup restated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Zacks Research downgraded DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, DSV presently has an average rating of “Moderate Buy”.

DSV Price Performance

DSV stock opened at $110.92 on Friday. DSV has a 1 year low of $97.90 and a 1 year high of $151.98. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97. The firm has a 50 day moving average price of $117.18 and a 200 day moving average price of $124.13. The company has a market cap of $53.34 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 0.89 and a beta of 1.20.

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.