Short Interest in DIH Holding US, Inc. (NASDAQ:DHAI) Decreases By 84.8%

DIH Holding US, Inc. (NASDAQ:DHAI) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 72,900 shares, a decrease of 84.8% from the January 31st total of 479,400 shares. Based on an average daily volume of 273,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the shares of the company are sold short.

DIH Holding US Price Performance

Shares of DHAI stock traded down $0.01 during trading hours on Thursday, reaching $0.41. 858,296 shares of the company traded hands, compared to its average volume of 438,033. The firm has a 50-day moving average price of $1.06 and a 200 day moving average price of $1.50. The company has a market cap of $19.32 million, a P/E ratio of -1.36 and a beta of -0.66. DIH Holding US has a 12-month low of $0.35 and a 12-month high of $3.67.

DIH Holding US (NASDAQ:DHAI) last issued its quarterly earnings data on Friday, February 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. DIH Holding US had a negative return on equity of 5.07% and a negative net margin of 13.59%. The firm had revenue of $15.09 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.