DSV (OTCMKTS:DSDVY) Short Interest Down 57.4% in July

DSV (OTCMKTS:DSDVY) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,387 shares, a decline of 57.4% from the July 15th total of 7,960 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 172,247 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

A number of analysts have weighed in on DSDVY shares. Zacks Research cut DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Citigroup reissued a “buy” rating on shares of DSV in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reaffirmed 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 note on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

Shares of DSDVY opened at $110.92 on Friday. The company has a 50-day simple moving average of $117.18 and a 200-day simple moving average of $124.13. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $53.34 billion, a PE ratio of 33.71, a P/E/G ratio of 0.89 and a beta of 1.20. DSV has a 52-week low of $97.90 and a 52-week high of $151.98.

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.