DSV A/S (OTCMKTS:DSDVY) Short Interest Up 127.3% in November

DSV A/S (OTCMKTS:DSDVY) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 17,500 shares, a growth of 127.3% from the October 31st total of 7,700 shares. Based on an average daily trading volume, of 129,300 shares, the days-to-cover ratio is presently 0.1 days.

DSV A/S Trading Up 1.2 %

DSDVY stock traded up $1.29 during trading on Friday, reaching $106.57. 144,081 shares of the stock traded hands, compared to its average volume of 47,663. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.27 and a quick ratio of 1.18. DSV A/S has a 52-week low of $70.19 and a 52-week high of $115.75. The business’s 50 day moving average price is $107.57 and its 200-day moving average price is $93.46. The firm has a market capitalization of $51.25 billion, a PE ratio of 28.49, a P/E/G ratio of 2.10 and a beta of 1.24.

DSV A/S (OTCMKTS:DSDVY) last announced its earnings results on Wednesday, October 23rd. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.07. DSV A/S had a return on equity of 15.98% and a net margin of 6.75%. The company had revenue of $6.50 billion during the quarter. As a group, sell-side analysts forecast that DSV A/S will post 3.88 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised DSV A/S to a “strong-buy” rating in a report 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.