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

DSV A/S (OTCMKTS:DSDVY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 75.0% from the January 31st total of 800 shares. Based on an average daily volume of 119,900 shares, the days-to-cover ratio is presently 0.0 days.

DSV A/S Price Performance

OTCMKTS DSDVY opened at $99.13 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.27. The business’s fifty day moving average is $102.85 and its 200 day moving average is $103.25. The company has a market capitalization of $47.67 billion, a PE ratio of 28.99, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18. DSV A/S has a fifty-two week low of $70.19 and a fifty-two week high of $115.75.

DSV A/S (OTCMKTS:DSDVY) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.12). DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. Sell-side analysts predict that DSV A/S will post 3.97 earnings per share for the current year.

DSV A/S Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th will be paid a $0.4915 dividend. This is a positive change from DSV A/S’s previous dividend of $0.33. The ex-dividend date of this dividend is Monday, March 24th. DSV A/S’s dividend payout ratio (DPR) is presently 9.36%.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded 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.