Short Interest in DSV (OTCMKTS:DSDVY) Increases By 527.0%

DSV (OTCMKTS:DSDVY) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,041 shares, a growth of 527.0% from the June 15th total of 485 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 447,335 shares, the days-to-cover ratio is presently 0.0 days.

DSV Stock Up 0.4%

Shares of OTCMKTS DSDVY traded up $0.51 during mid-day trading on Friday, hitting $127.11. The company had a trading volume of 55,035 shares, compared to its average volume of 226,494. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48. The firm has a 50-day simple moving average of $121.53 and a two-hundred day simple moving average of $127.39. The company has a market capitalization of $61.12 billion, a PE ratio of 40.35, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. DSV has a one year low of $97.90 and a one year high of $151.98.

DSV (OTCMKTS:DSDVY) last released its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.15. DSV had a return on equity of 9.45% and a net margin of 2.55%.The business had revenue of $11.03 billion for the quarter, compared to analyst estimates of $10.89 billion. On average, equities analysts expect that DSV will post 4.99 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DSDVY. Citigroup restated a “buy” rating on shares of DSV in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research note on Friday, May 22nd. Finally, Zacks Research downgraded DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus 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.