DFDS A/S (OTCMKTS:DFDDF) Sees Significant Decrease in Short Interest

DFDS A/S (OTCMKTS:DFDDFGet Free Report) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 7,849 shares, a decrease of 82.0% from the August 15th total of 43,611 shares. Based on an average trading volume of 364 shares, the days-to-cover ratio is presently 21.6 days.

DFDS A/S Price Performance

Shares of DFDDF remained flat at $21.50 during mid-day trading on Friday. The business has a 50 day simple moving average of $20.98 and a 200 day simple moving average of $20.19. DFDS A/S has a 52 week low of $14.17 and a 52 week high of $23.00.

DFDS A/S Company Profile

(Get Free Report)

DFDS A/S is a Denmark-based shipping and logistics company specializing in ferry and freight services across Europe. Established in 1866 as Det Forenede Dampskibs-Selskab, the company has grown into one of the region’s leading maritime transport providers. DFDS operates a fleet of roll-on/roll-off (Ro-Ro) vessels, conventional freight ships and passenger ferries, serving a network of routes that connect Scandinavia, the United Kingdom, continental Europe and the Mediterranean.

The company’s core business segments include freight shipping, logistics and passenger transport.

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