DFDS A/S (OTCMKTS:DFDDF) Sees Large Decline in Short Interest

DFDS A/S (OTCMKTS:DFDDF) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 44,600 shares, a drop of 31.5% from the January 31st total of 65,100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 223.0 days.

DFDS A/S Price Performance

OTCMKTS DFDDF remained flat at $14.40 during trading hours on Tuesday. The company’s 50 day moving average is $16.47 and its two-hundred day moving average is $23.94. DFDS A/S has a one year low of $14.20 and a one year high of $25.01.

About DFDS A/S

DFDS A/S provides logistics solutions in Denmark and internationally. The company operates through Ferry and Logistics divisions. The Ferry division operates ferry routes in and around Europe transporting freight units, primarily trailers and passengers, as well as offers port terminal services. This division provides ferry services primarily to forwarders and hauliers, as well as manufacturers of heavy industrial goods, such as automotive, cold chain, FMCG and retailers, construction, refuse derived fuel and waste, forest products, metals, and chemicals; and operates mini cruises, and business and corporate events.