Short Interest in DFDS A/S (OTCMKTS:DFDDF) Declines By 21.9%

DFDS A/S (OTCMKTS:DFDDF) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 39,500 shares, a drop of 21.9% from the February 28th total of 50,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 197.5 days.

DFDS A/S Stock Performance

Shares of DFDDF stock opened at $14.27 on Tuesday. DFDS A/S has a fifty-two week low of $14.20 and a fifty-two week high of $25.01. The stock’s 50-day simple moving average is $14.79 and its 200-day simple moving average is $20.64.

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.