Short Interest in DHL Group Sponsored ADR (OTCMKTS:DHLGY) Increases By 801.9%

Key Points

• Short interest in DHL Group Sponsored ADR has surged by 801.9% in July, increasing from 5,200 to 46,900 shares, indicating a significant bearish sentiment.
• UBS Group downgraded DHL Group shares from a "hold" to a "strong sell" rating, while HSBC Global Research upgraded them to a "strong buy" earlier this year.
• DHL Group's latest earnings report showed an EPS of $0.82, exceeding estimates, with revenues of $22.93 billion for the quarter.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 46,900 shares, agrowthof801.9% from the July 15th total of 5,200 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average daily volume of 300,200 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 300,200 shares, the short-interest ratio is currently 0.2 days. Approximately0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities analysts have recently commented on DHLGY shares. UBS Group downgraded shares of DHL Group from a "hold" rating to a "strong sell" rating in a report on Tuesday, June 24th. Hsbc Global Res raised shares of DHL Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd.

DHL Group Stock Down 0.6%

Shares of OTCMKTS:DHLGY traded down $0.27 on Thursday, hitting $48.53. 52,926 shares of the company's stock were exchanged, compared to its average volume of 183,378. The firm's 50-day moving average is $46.36 and its 200 day moving average is $43.17. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.90 and a current ratio of 0.95. DHL Group has a 1-year low of $33.89 and a 1-year high of $48.95. The company has a market capitalization of $58.24 billion, a PE ratio of 14.98, a P/E/G ratio of 1.75 and a beta of 1.23.

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 (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.10. The firm had revenue of $22.93 billion during the quarter, compared to analysts' expectations of $21.16 billion. DHL Group had a net margin of 4.11% and a return on equity of 14.68%. Sell-side analysts predict that DHL Group will post 3.01 EPS for the current 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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