DHL Group Sponsored ADR (OTCMKTS:DHLGY) Stock Short Interest Drops 36.0%

Key Points

• Short interest in DHL Group fell 36% to 33,520 shares as of October 15, representing 0.0% of shares outstanding and a short-interest ratio of just 0.1 days.
• Analyst sentiment is generally positive, with a consensus rating of “Moderate Buy” from one Strong Buy, three Buy, and six Hold ratings.
• DHL shares traded at $32.98, near their 52-week high of $33.70, while the company’s latest quarterly earnings and revenue exceeded analyst expectations.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 33,520 shares, a decrease of 36.0% from the September 30th total of 52,406 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 435,301 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DHLGY. Royal Bank Of Canada initiated coverage on DHL Group in a research report on Thursday, October 15th. They issued a "moderate buy" rating for the company. Citigroup restated a "neutral" rating on shares of DHL Group in a research note on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of DHL Group in a report on Tuesday, September 15th. Finally, Zacks Research cut DHL Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, DHL Group presently has a consensus rating of "Moderate Buy".

DHL Group Stock Performance

Shares of OTCMKTS:DHLGY traded up $0.35 on Monday, reaching $32.98. The company's stock had a trading volume of 13,087 shares, compared to its average volume of 428,519. The stock has a market capitalization of $73.25 billion, a P/E ratio of 11.54, a PEG ratio of 1.51 and a beta of 1.21. The stock's 50-day moving average is $32.20 and its two-hundred day moving average is $37.17. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.03 and a quick ratio of 0.98. DHL Group has a 52-week low of $22.45 and a 52-week high of $33.70.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.54. The company had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. As a group, sell-side analysts forecast that DHL Group will post 2.03 EPS for the current year.

About DHL Group

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.

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