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

DSV A/S (OTCMKTS:DSDVY) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 10,800 shares, a decline of 40.0% from the December 31st total of 18,000 shares. Based on an average daily volume of 107,500 shares, the days-to-cover ratio is currently 0.1 days.

DSV A/S Price Performance

Shares of DSDVY stock traded down $0.29 during trading hours on Wednesday, hitting $103.00. 263,744 shares of the company’s stock were exchanged, compared to its average volume of 64,788. The company has a market capitalization of $49.53 billion, a PE ratio of 27.54, a PEG ratio of 2.14 and a beta of 1.20. DSV A/S has a 12-month low of $70.19 and a 12-month high of $115.75. The business’s 50 day simple moving average is $105.74 and its 200-day simple moving average is $101.55. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33.

Wall Street Analyst Weigh In

Separately, BNP Paribas raised shares of DSV A/S to a “strong-buy” rating in a research note on Monday, November 18th.

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.