DHL Group Sponsored ADR (OTCMKTS:DHLGY) Shares Shorted: Short Interest Up 362.7% in September

by · The Markets Daily

DHL Group Sponsored ADR (OTCMKTS:DHLGY – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 79,639 shares, a growth of 362.7% from the August 31st total of 17,210 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 196,998 shares, the short-interest ratio is presently 0.4 days.

DHL Group Trading Up 1.6%

Shares of DHLGY stock traded up $0.50 during trading hours on Friday, reaching $32.67. The company had a trading volume of 84,434 shares, compared to its average volume of 187,545. The company has a 50 day moving average of $32.31 and a 200 day moving average of $32.68. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.03 and a quick ratio of 0.98. The firm has a market cap of $72.56 billion, a price-to-earnings ratio of 11.44, a P/E/G ratio of 1.51 and a beta of 1.19. DHL Group has a 1-year low of $22.09 and a 1-year high of $33.70.

DHL Group (OTCMKTS:DHLGY – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. The business had revenue of $25.84 billion during the quarter, compared to analysts’ expectations of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. On average, equities research analysts anticipate that DHL Group will post 2.02 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Zacks Research cut DHL Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Barclays restated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Finally, Citigroup lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, DHL Group has an average rating of “Hold”.

Get Our Latest Analysis on DHLGY

DHL Group Company Profile

(Get Free Report)

DHL Group is a global logistics and postal services company headquartered in Bonn, Germany. The group provides international express delivery, freight transportation, contract logistics, supply chain management, e-commerce logistics and domestic mail and parcel services.

Its principal business divisions include DHL Express, DHL Global Forwarding and Freight, DHL Supply Chain, DHL eCommerce and the Post & Parcel Germany division. Services range from time-definite document and parcel delivery to air, ocean and road freight forwarding, warehousing, fulfillment, customs support and logistics solutions tailored to business customers.

The company traces its roots to Deutsche Bundespost’s postal operations and became a privatized company, Deutsche Post AG, in the 1990s.

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