Short Interest in DSV (OTCMKTS:DSDVY) Increases By 1,050.0%

Key Points

• The short interest in DSV (OTCMKTS:DSDVY) surged by 1,050.0% in September, reaching 6,900 shares compared to just 600 shares earlier in the month.
• DSV's stock price increased by 4.7% to $105.05, with a trading volume of 135,737 shares exceeding its average of 79,294 shares.
• Wall Street analysts have mixed views on DSV, with a consensus rating of "Moderate Buy", indicating varying expectations toward the company's future performance.

DSV (OTCMKTS:DSDVY - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 6,900 shares, an increase of 1,050.0% from the September 15th total of 600 shares. Based on an average trading volume of 107,900 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 107,900 shares, the short-interest ratio is presently 0.1 days.

DSV Trading Up 4.7%

DSDVY traded up $4.74 on Thursday, hitting $105.05. The company had a trading volume of 135,737 shares, compared to its average volume of 79,294. The company's fifty day moving average price is $107.60 and its 200 day moving average price is $110.16. DSV has a 1 year low of $77.78 and a 1 year high of $125.58. The company has a current ratio of 3.25, a quick ratio of 3.13 and a debt-to-equity ratio of 0.53. The firm has a market cap of $50.52 billion, a P/E ratio of 32.22, a PEG ratio of 1.23 and a beta of 1.20.

DSV (OTCMKTS:DSDVY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.04). The company had revenue of $9.51 billion for the quarter, compared to analysts' expectations of $61.96 billion. DSV had a return on equity of 11.89% and a net margin of 5.29%. As a group, equities analysts expect that DSV will post 3.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Barclays reaffirmed an "overweight" rating on shares of DSV in a research note on Monday, August 4th. Zacks Research cut shares of DSV from a "hold" rating to a "strong sell" rating in a research note on Friday, September 19th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, DSV presently has a consensus rating of "Moderate Buy".

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.

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