DSV A/S (OTCMKTS:DSDVY) Short Interest Up 4,175.0% in May

DSV A/S (OTCMKTS:DSDVY – Get Rating) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 17,100 shares, an increase of 4,175.0% from the April 30th total of 400 shares. Based on an average trading volume of 37,500 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded DSV A/S from an “overweight” rating to a “neutral” rating in a research note on Friday, March 31st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,397.50.

DSV A/S Trading Up 1.3 %

OTCMKTS:DSDVY opened at $94.76 on Friday. The firm has a market capitalization of $41.50 billion, a P/E ratio of 17.78, a P/E/G ratio of 3.17 and a beta of 1.36. The business has a 50 day simple moving average of $94.20 and a 200 day simple moving average of $86.69. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.16 and a quick ratio of 1.12. DSV A/S has a 12-month low of $56.02 and a 12-month high of $100.09.

DSV A/S Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 5th. Investors of record on Monday, March 20th were issued a $0.307 dividend. This represents a dividend yield of 0.35%. The ex-dividend date was Friday, March 17th. This is a boost from DSV A/S’s previous dividend of $0.27. DSV A/S’s dividend payout ratio (DPR) is 5.63%.

DSV A/S Company Profile

(Get Rating)

DSV A/S engages in the global supply of transport and logistics services. It operates through the following segments: Air and Sea; Road; and Solutions. The Air and Sea segment is engaged in the provision of air and sea freight services through its global network. The Road segment provides road freight services across Europe, U.S, and South Africa.