DFDS A/S (OTCMKTS:DFDDF) Sees Large Decline in Short Interest

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

DFDS A/S Price Performance

Shares of OTCMKTS:DFDDF remained flat at $14.27 during midday trading on Wednesday. The stock’s 50-day simple moving average is $14.69 and its two-hundred day simple moving average is $20.47. DFDS A/S has a fifty-two week low of $14.20 and a fifty-two week high of $25.01.

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.