DHL Group Sponsored ADR (OTCMKTS:DHLGY) Sees Significant Drop in Short Interest

Key Points

• DHL Group experienced a significant decline in short interest, dropping by 51.9% in August, with total short interest of 67,500 shares as of August 31st.
• Analysts have adjusted their ratings on DHL Group, with UBS Group moving from a "hold" to a "strong sell" and a current consensus rating of "Hold" among research analysts.
• In its latest earnings report, DHL Group surpassed expectations by posting $0.82 EPS, exceeding the consensus estimate of $0.72 by $0.10, alongside a revenue of $22.93 billion.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 67,500 shares, a decline of 51.9% from the August 15th total of 140,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 89,600 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 89,600 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

DHLGY has been the topic of a number of recent research reports. UBS Group lowered shares of DHL Group from a "hold" rating to a "strong sell" rating in a research report on Tuesday, June 24th. Kepler Capital Markets lowered shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

DHL Group Stock Performance

DHLGY opened at $45.13 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95. The firm's 50-day moving average price is $46.27 and its 200 day moving average price is $44.52. DHL Group has a twelve month low of $33.89 and a twelve month high of $49.02. The firm has a market capitalization of $54.16 billion, a PE ratio of 13.93, a PEG ratio of 1.64 and a beta of 1.19.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.10. DHL Group had a net margin of 4.11% and a return on equity of 14.92%. The business had revenue of $22.93 billion during the quarter, compared to analysts' expectations of $21.16 billion. As a group, sell-side analysts expect that DHL Group will post 3.01 EPS for the current fiscal year.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.

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