DHI Group, Inc. (NYSE:DHX) Short Interest Down 5.9% in December

DHI Group, Inc. (NYSE:DHX) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 130,400 shares, a drop of 5.9% from the December 15th total of 138,600 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 131,800 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DHX. Barrington Research restated an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research note on Thursday, November 21st. B. Riley decreased their target price on DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Wednesday, November 13th.

Institutional Investors Weigh In On DHI Group

Several hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its stake in DHI Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock valued at $698,000 after acquiring an additional 8,547 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of DHI Group by 86.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock worth $113,000 after purchasing an additional 28,552 shares during the last quarter. Royce & Associates LP lifted its holdings in shares of DHI Group by 5.5% during the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock worth $6,181,000 after purchasing an additional 174,010 shares during the period. GSA Capital Partners LLP grew its position in DHI Group by 35.6% in the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock valued at $415,000 after buying an additional 59,155 shares during the last quarter. Finally, Allworth Financial LP purchased a new position in DHI Group during the 3rd quarter worth $49,000. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Stock Performance

NYSE:DHX traded up $0.03 during trading hours on Friday, reaching $2.26. 177,960 shares of the company’s stock were exchanged, compared to its average volume of 116,175. DHI Group has a 1-year low of $1.45 and a 1-year high of $2.98. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $108.99 million, a price-to-earnings ratio of 56.39 and a beta of 1.07. The company has a 50-day moving average of $1.86 and a 200 day moving average of $1.86.

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.