DHL Group Sponsored ADR (OTCMKTS:DHLGY) Sees Significant Decrease 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 large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 67,500 shares, a decrease of 51.9% from the August 15th total of 140,300 shares. Based on an average trading volume of 89,600 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 89,600 shares, the days-to-cover ratio is presently 0.8 days.

DHL Group Stock Performance

Shares of DHLGY stock traded down $0.34 during trading hours on Thursday, reaching $44.94. The stock had a trading volume of 32,074 shares, compared to its average volume of 166,250. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.90. DHL Group has a twelve month low of $33.89 and a twelve month high of $49.02. The firm has a 50-day simple moving average of $46.20 and a 200-day simple moving average of $44.65. The firm has a market capitalization of $53.93 billion, a PE ratio of 13.87, a price-to-earnings-growth ratio of 1.64 and a beta of 1.19.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $21.16 billion. As a group, equities analysts forecast that DHL Group will post 3.01 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Kepler Capital Markets downgraded shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. UBS Group downgraded shares of DHL Group from a "hold" rating to a "strong sell" rating in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

About DHL Group

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.