DSV (OTCMKTS:DSDVY) Stock Short Interest Drops 83.7%

DSV (OTCMKTS:DSDVY – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,146 shares, a decline of 83.7% from the September 30th total of 7,045 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 262,868 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

DSDVY has been the topic of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of DSV in a research note on Thursday, October 22nd. Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Royal Bank Of Canada began coverage on shares of DSV in a research report on Thursday, October 15th. They issued a “hold” rating on the stock. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on DSDVY

DSV Price Performance

Shares of OTCMKTS DSDVY traded up $0.48 during mid-day trading on Thursday, reaching $104.31. The company’s stock had a trading volume of 38,416 shares, compared to its average volume of 101,813. The stock has a 50-day moving average of $97.05 and a two-hundred day moving average of $117.82. The stock has a market capitalization of $50.16 billion, a P/E ratio of 31.71, a P/E/G ratio of 0.90 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97. DSV has a 1-year low of $84.51 and a 1-year high of $151.98.

DSV Company Profile

(Get Free Report)

DSV A/S is a Denmark-based global transport and logistics company. It provides freight forwarding and supply chain services across road, air and sea transportation, as well as contract logistics, warehousing, customs clearance and specialized project transportation.

The company serves businesses across a wide range of industries, including automotive, healthcare, technology, retail and manufacturing. Its international network supports the movement, storage and management of goods in markets throughout Europe, North and South America, Asia-Pacific, the Middle East and Africa.

DSV traces its history to 1976, when it was established in Denmark as a group of road-haulage companies.

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