DSV A/S (OTCMKTS:DSDVY) Sees Significant Drop in Short Interest

DSV A/S (OTCMKTS:DSDVY) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 7,500 shares, a decrease of 14.8% from the September 15th total of 8,800 shares. Based on an average daily trading volume, of 52,200 shares, the short-interest ratio is presently 0.1 days.

DSV A/S Stock Performance

Shares of OTCMKTS DSDVY traded down $1.69 during midday trading on Tuesday, reaching $110.16. 21,452 shares of the company were exchanged, compared to its average volume of 43,583. The stock has a fifty day simple moving average of $98.61 and a 200 day simple moving average of $86.59. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 0.30. The stock has a market cap of $47.15 billion, a P/E ratio of 28.32, a PEG ratio of 7.77 and a beta of 1.25. DSV A/S has a 1 year low of $67.23 and a 1 year high of $115.75.

DSV A/S (OTCMKTS:DSDVY) last issued its earnings results on Wednesday, July 24th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The business had revenue of $5.94 billion for the quarter. DSV A/S had a net margin of 7.10% and a return on equity of 15.95%. On average, research analysts forecast that DSV A/S will post 4.02 earnings per share for the current fiscal year.

DSV A/S 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.