Short Interest in DSV A/S (OTCMKTS:DSDVY) Expands By 165.2%

DSV A/S (OTCMKTS:DSDVY) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 12,200 shares, an increase of 165.2% from the July 15th total of 4,600 shares. Based on an average trading volume of 54,100 shares, the short-interest ratio is presently 0.2 days.

DSV A/S Price Performance

DSDVY stock traded up $2.33 during mid-day trading on Thursday, hitting $92.67. The company had a trading volume of 30,134 shares, compared to its average volume of 45,947. The company has a 50-day moving average price of $84.34 and a 200 day moving average price of $81.05. DSV A/S has a 12-month low of $67.23 and a 12-month high of $98.38. The company has a market capitalization of $39.66 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 5.50 and a beta of 1.24. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 0.30.

DSV A/S (OTCMKTS:DSDVY) last released its quarterly 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 during the quarter. DSV A/S had a return on equity of 15.95% and a net margin of 7.10%. On average, research analysts anticipate that DSV A/S will post 3.94 earnings per share for the current 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.