DSV (OTCMKTS:DSDVY) Sees Large Increase in Short Interest

DSV (OTCMKTS:DSDVY) was the target 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. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 255,244 shares, the days-to-cover ratio is presently 0.0 days.

DSV Price Performance

DSV stock opened at $89.81 on Friday. DSV has a 12 month low of $84.51 and a 12 month high of $151.98. The stock’s 50 day moving average is $98.35 and its 200-day moving average is $113.47. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $43.19 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 0.72 and a beta of 1.21.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DSDVY shares. Royal Bank Of Canada assumed coverage on DSV in a research note on Thursday. They issued a “sector perform” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of DSV in a research report on Thursday, July 9th. 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 reiterated a “buy” rating on shares of DSV in a report on Thursday, July 16th. Finally, Morgan Stanley reissued an “overweight” rating on shares of DSV in a research report on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

About DSV

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.