DHI Group, Inc. (NYSE:DHX) Sees Significant Increase in Short Interest

DHI Group, Inc. (NYSE:DHX) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 181,100 shares, an increase of 23.9% from the September 30th total of 146,200 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 145,200 shares, the short-interest ratio is presently 1.2 days.

Analyst Ratings Changes

A number of brokerages have recently commented on DHX. StockNews.com lowered shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th. Barrington Research reaffirmed an “outperform” rating and set a $7.00 target price on shares of DHI Group in a research report on Wednesday, August 14th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DHX. Point72 DIFC Ltd purchased a new stake in shares of DHI Group during the second quarter worth about $30,000. Cubist Systematic Strategies LLC purchased a new stake in shares of DHI Group during the second quarter worth about $35,000. Virtu Financial LLC purchased a new stake in shares of DHI Group during the first quarter worth about $39,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of DHI Group during the second quarter worth about $41,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of DHI Group during the first quarter worth about $45,000. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Stock Down 0.6 %

NYSE DHX traded down $0.01 on Wednesday, hitting $1.75. The stock had a trading volume of 71,649 shares, compared to its average volume of 213,545. The business’s fifty day moving average price is $1.73 and its 200 day moving average price is $2.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.45 and a quick ratio of 0.45. DHI Group has a 52-week low of $1.45 and a 52-week high of $2.98. The stock has a market cap of $84.60 million, a price-to-earnings ratio of 43.75 and a beta of 1.02.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. The business had revenue of $35.83 million during the quarter, compared to the consensus estimate of $36.10 million. DHI Group had a net margin of 1.77% and a return on equity of 7.47%. During the same period in the previous year, the firm posted $0.02 earnings per share. Equities research analysts anticipate that DHI Group will post 0.19 earnings per share for the current year.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.