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

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

DSV A/S Price Performance

Shares of DSV A/S stock traded down $1.69 on Tuesday, hitting $110.16. The company’s stock had a trading volume of 21,452 shares, compared to its average volume of 43,583. The company has a market capitalization of $47.15 billion, a P/E ratio of 28.32, a price-to-earnings-growth ratio of 7.77 and a beta of 1.25. DSV A/S has a 52-week low of $67.23 and a 52-week high of $115.75. The firm has a fifty day moving average price of $98.61 and a 200-day moving average price of $86.59. 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 issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.03. DSV A/S had a return on equity of 15.95% and a net margin of 7.10%. The firm had revenue of $5.94 billion during the quarter. On average, equities research analysts expect that DSV A/S will post 4.02 earnings per share for the current fiscal 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.