DSV (OTCMKTS:DSDVY) Short Interest Down 39.8% in August

Key Points

• DSV's short interest decreased by 39.8% in August, from 8,800 shares to 5,300 shares, indicating a lower level of bearish sentiment towards the stock.
• Barclays reissued an "overweight" rating for DSV, contributing to a consensus rating of "Buy" from analysts, with two strong buy ratings and one hold.
• DSV's shares rose 0.8% to $107.96, but the company reported earnings per share of $0.99, which missed expectations by $0.04.

DSV (OTCMKTS:DSDVY - Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 5,300 shares, a drop of 39.8% from the August 15th total of 8,800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 95,400 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 95,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Barclays reissued an "overweight" rating on shares of DSV in a report on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy".

DSV Price Performance

Shares of OTCMKTS:DSDVY traded down $4.71 during trading on Friday, reaching $104.09. The stock had a trading volume of 34,339 shares, compared to its average volume of 49,954. The company has a debt-to-equity ratio of 0.53, a quick ratio of 3.13 and a current ratio of 3.25. The business has a fifty day moving average price of $113.76 and a 200-day moving average price of $110.38. The stock has a market cap of $50.06 billion, a PE ratio of 31.93, a PEG ratio of 1.35 and a beta of 1.18. DSV has a 1-year low of $77.78 and a 1-year high of $125.58.

DSV (OTCMKTS:DSDVY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.04). The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $61.96 billion. DSV had a return on equity of 11.89% and a net margin of 5.29%. On average, equities analysts forecast that DSV will post 3.97 earnings per share for the current fiscal year.

DSV Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.