DSV (OTCMKTS:DSDVY) Short Interest Up 303.3% in March

DSV (OTCMKTS:DSDVY) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 34,115 shares, an increase of 303.3% from the February 26th total of 8,460 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 133,381 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

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

DSV Trading Up 0.6%

DSV stock opened at $116.68 on Friday. The business has a 50 day moving average price of $132.57 and a two-hundred day moving average price of $120.01. 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 has a 12 month low of $77.78 and a 12 month high of $151.98. The stock has a market cap of $56.11 billion, a price-to-earnings ratio of 39.69, a price-to-earnings-growth ratio of 0.87 and a beta of 1.30.

About DSV

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.