Short Interest in DIH Holding US, Inc. (NASDAQ:DHAI) Drops By 29.6%

DIH Holding US, Inc. (NASDAQ:DHAI) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 112,000 shares, a drop of 29.6% from the October 15th total of 159,100 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 22,600 shares, the short-interest ratio is currently 5.0 days.

DIH Holding US Stock Performance

NASDAQ:DHAI traded down $0.10 on Thursday, hitting $0.95. 44,053 shares of the stock were exchanged, compared to its average volume of 342,224. DIH Holding US has a 52 week low of $0.72 and a 52 week high of $3.67. The company’s 50-day moving average price is $1.77 and its 200 day moving average price is $2.17.

DIH Holding US (NASDAQ:DHAI) last announced its quarterly earnings data on Monday, August 19th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $16.19 million for the quarter.

About DIH Holding US

DIH Holding US, Inc operates as a robotics and virtual reality (VR) technology provider for the rehabilitation industry in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It offers ArmeoPower, a backbone robot for arm and hand therapy in an early stage of rehabilitation; ArmeoSpring for less severe patients that provides self-initiated repetitive arm and hand therapy in an extensive workspace; ArmeoSpring Pro; and Armeo Senso, for patients self-initiated and still structurally controlled movement patterns to completely open movement.