Short Interest in DSV (OTCMKTS:DSDVY) Drops By 83.5%

Key Points

• Short interest in DSV plunged by 83.5% to 5,637 shares as of March 31, representing 0.0% of shares short and a days-to-cover ratio of about 0.1 (based on average daily volume of 106,596 shares).
• Analysts give DSV an average rating of Moderate Buy (1 Strong Buy, 3 Buy, 2 Hold), with recent reaffirmations from Morgan Stanley (overweight), Citigroup (neutral) and Deutsche Bank (buy).
• DSV is a Danish global transport and logistics firm with a market cap of $63 billion, a P/E of 44.56, and a 52-week range of $84.26 to $151.98, trading near $131 with 50-/200-day moving averages of $129 and $121.28 respectively.

DSV (OTCMKTS:DSDVY - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,637 shares, a decrease of 83.5% from the March 15th total of 34,115 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 106,596 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Several research firms recently weighed in on DSDVY. Morgan Stanley reaffirmed an "overweight" rating on shares of DSV in a report on Friday, February 6th. Citigroup reaffirmed a "neutral" rating on shares of DSV in a report on Friday, February 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of DSV in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

DSV Price Performance

OTCMKTS:DSDVY opened at $131.01 on Friday. The business's 50-day moving average price is $129.00 and its 200 day moving average price is $121.28. The firm has a market cap of $63.00 billion, a P/E ratio of 44.56, a PEG ratio of 0.97 and a beta of 1.30. DSV has a 52-week low of $84.26 and a 52-week high of $151.98. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.

DSV Company Profile

DSV A/S OTCMKTS: DSDVY is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm's core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.

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