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

DHI Group, Inc. (NYSE:DHX) saw 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. Based on an average trading volume of 145,200 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC raised its holdings in DHI Group by 50.9% in the second quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock valued at $5,215,000 after acquiring an additional 841,350 shares in the last quarter. Tieton Capital Management LLC raised its holdings in DHI Group by 25.1% in the second quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock valued at $5,103,000 after acquiring an additional 490,035 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in DHI Group by 72.2% in the second quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock valued at $1,398,000 after acquiring an additional 280,479 shares in the last quarter. CWC Advisors LLC. acquired a new stake in DHI Group in the third quarter valued at $327,000. Finally, Nantahala Capital Management LLC raised its holdings in DHI Group by 5.1% in the second quarter. Nantahala Capital Management LLC now owns 2,066,417 shares of the technology company’s stock valued at $4,319,000 after acquiring an additional 100,000 shares in the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

DHI Group Trading Down 0.6 %

DHX stock traded down $0.01 during midday trading on Wednesday, reaching $1.75. 71,649 shares of the company’s stock traded hands, compared to its average volume of 213,545. The company has a market capitalization of $84.60 million, a P/E ratio of 43.75 and a beta of 1.02. 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 fifty-two week low of $1.45 and a fifty-two week high of $2.98. The business has a 50-day moving average price of $1.74 and a two-hundred day moving average price of $2.03.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Barrington Research restated an “outperform” rating and set a $7.00 target price on shares of DHI Group in a research report on Wednesday, August 14th. StockNews.com cut shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th.

About DHI Group

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.