DSV A/S (OTCMKTS:DSDVY) Sees Large Increase in Short Interest

DSV A/S (OTCMKTS:DSDVYGet Rating) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 4,500 shares, a growth of 246.2% from the March 15th total of 1,300 shares. Based on an average daily volume of 170,000 shares, the days-to-cover ratio is currently 0.0 days.

A number of brokerages have recently weighed in on DSDVY. Barclays dropped their price objective on shares of DSV A/S from 1,850.00 to 1,770.00 in a report on Wednesday, January 26th. Zacks Investment Research downgraded shares of DSV A/S from a “buy” rating to a “hold” rating in a research report on Tuesday, December 28th. Sanford C. Bernstein upgraded shares of DSV A/S from a “market perform” rating to an “outperform” rating in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of DSV A/S from 1,830.00 to 1,500.00 in a research report on Tuesday, March 29th. Finally, JPMorgan Chase & Co. decreased their target price on shares of DSV A/S from 1,736.00 to 1,570.00 in a research report on Thursday. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $1,082.26.

Shares of DSV A/S stock opened at $80.52 on Friday. DSV A/S has a fifty-two week low of $79.85 and a fifty-two week high of $133.78. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.13 and a current ratio of 1.18. The firm has a 50-day simple moving average of $92.77 and a two-hundred day simple moving average of $105.73. The company has a market cap of $38.65 billion, a P/E ratio of 22.90 and a beta of 1.17.

The business also recently declared a dividend, which was paid on Wednesday, April 6th. Investors of record on Monday, March 21st were given a dividend of $0.2707 per share. The ex-dividend date was Friday, March 18th. This represents a dividend yield of 0.28%. DSV A/S’s dividend payout ratio (DPR) is presently 8.10%.

About DSV A/S (Get Rating)

DSV A/S engages in the global supply of transport and logistics services. It operates through the following segments: Air and Sea; Road; and Solutions. The Air and Sea segment is engaged in the provision of air and sea freight services through its global network. The Road segment provides road freight services across Europe, U.S, and South Africa.

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