DHI Group, Inc. (NYSE:DHX) Short Interest Up 132.1% in September

DHI Group, Inc. (NYSE:DHX) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 146,200 shares, an increase of 132.1% from the September 15th total of 63,000 shares. Based on an average daily trading volume, of 151,000 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the company are sold short.

Wall Street Analyst Weigh In

DHX has been the topic of a number of recent research reports. StockNews.com lowered DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th. Barrington Research reiterated an “outperform” rating and set a $7.00 price objective on shares of DHI Group in a research report on Wednesday, August 14th.

DHI Group Stock Performance

Shares of NYSE:DHX traded up $0.02 on Friday, reaching $1.75. 29,768 shares of the company’s stock were exchanged, compared to its average volume of 223,536. DHI Group has a twelve month low of $1.45 and a twelve month high of $3.04. The company has a fifty day moving average of $1.74 and a 200-day moving average of $2.09. The company has a market capitalization of $84.60 million, a price-to-earnings ratio of 43.75 and a beta of 1.02. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.32.

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 analysts’ consensus estimates of $0.04 by $0.02. The firm had revenue of $35.83 million for the quarter, compared to analyst estimates of $36.10 million. DHI Group had a return on equity of 7.47% and a net margin of 1.77%. During the same quarter last year, the company earned $0.02 EPS. On average, research analysts predict that DHI Group will post 0.19 EPS for the current fiscal year.

Institutional Investors Weigh In On DHI Group

A number of large investors have recently bought and sold shares of DHX. Archon Capital Management LLC boosted its position in shares of DHI Group by 0.3% during the 1st quarter. Archon Capital Management LLC now owns 2,009,490 shares of the technology company’s stock worth $5,124,000 after acquiring an additional 6,366 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of DHI Group by 76.9% in the 1st quarter. BNP Paribas Financial Markets now owns 21,329 shares of the technology company’s stock valued at $54,000 after purchasing an additional 9,274 shares in the last quarter. Sei Investments Co. increased its stake in shares of DHI Group by 25.8% in the 2nd quarter. Sei Investments Co. now owns 58,712 shares of the technology company’s stock valued at $123,000 after purchasing an additional 12,049 shares during the last quarter. Point72 DIFC Ltd bought a new stake in shares of DHI Group during the 2nd quarter worth $30,000. Finally, Perritt Capital Management Inc. boosted its stake in DHI Group by 10.9% in the first quarter. Perritt Capital Management Inc. now owns 155,000 shares of the technology company’s stock valued at $395,000 after buying an additional 15,200 shares in the last quarter. 69.26% of the stock is currently owned by institutional investors and hedge funds.

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.