Short Interest in DSV A/S (OTCMKTS:DSDVY) Grows By 127.3%

DSV A/S (OTCMKTS:DSDVY) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 17,500 shares, a growth of 127.3% from the October 31st total of 7,700 shares. Based on an average daily volume of 129,300 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded DSV A/S to a “strong-buy” rating in a report on Monday, November 18th.

DSV A/S Stock Up 1.2 %

Shares of DSV A/S stock traded up $1.29 on Friday, hitting $106.57. The company had a trading volume of 144,081 shares, compared to its average volume of 47,663. The stock has a market capitalization of $51.25 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 2.10 and a beta of 1.24. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.27. DSV A/S has a 1 year low of $70.19 and a 1 year high of $115.75. The stock has a 50 day moving average of $107.57 and a 200-day moving average of $93.46.

DSV A/S (OTCMKTS:DSDVY) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.07. DSV A/S had a net margin of 6.75% and a return on equity of 15.98%. The company had revenue of $6.50 billion for the quarter. As a group, sell-side analysts forecast that DSV A/S will post 3.88 earnings per share for the current year.

About DSV A/S

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.