DHI Group, Inc. (NYSE:DHX) Short Interest Update

DHI Group, Inc. (NYSE:DHXGet Rating) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 910,400 shares, a decline of 16.5% from the April 15th total of 1,090,000 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 281,400 shares, the short-interest ratio is currently 3.2 days.

A number of brokerages have recently issued reports on DHX. StockNews.com raised shares of DHI Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 12th. B. Riley boosted their target price on shares of DHI Group from $8.50 to $9.00 in a research report on Thursday, May 5th. TheStreet raised shares of DHI Group from a “c” rating to a “b-” rating in a research report on Wednesday, February 9th. Finally, Zacks Investment Research cut shares of DHI Group from a “hold” rating to a “sell” rating in a research report on Monday, May 9th. One equities research analyst has rated the stock with a sell rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $8.08.

Shares of NYSE DHX opened at $6.64 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.43 and a quick ratio of 0.43. DHI Group has a 12 month low of $2.76 and a 12 month high of $6.82. The stock has a 50-day moving average price of $5.87 and a two-hundred day moving average price of $5.70.

DHI Group (NYSE:DHXGet Rating) last released its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. DHI Group had a positive return on equity of 0.61% and a negative net margin of 24.39%. The company had revenue of $34.33 million during the quarter, compared to the consensus estimate of $32.48 million. During the same quarter in the prior year, the firm posted $0.02 earnings per share. Equities analysts forecast that DHI Group will post 0.06 earnings per share for the current fiscal year.

DHI Group announced that its board has authorized a share repurchase plan on Tuesday, February 15th that permits the company to buyback $15.00 million in shares. This buyback authorization permits the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Several institutional investors have recently bought and sold shares of the business. Nantahala Capital Management LLC boosted its holdings in shares of DHI Group by 3.3% during the 1st quarter. Nantahala Capital Management LLC now owns 3,847,769 shares of the technology company’s stock worth $22,894,000 after buying an additional 121,585 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of DHI Group by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,750,901 shares of the technology company’s stock worth $22,318,000 after purchasing an additional 35,706 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of DHI Group by 2.3% in the 4th quarter. Renaissance Technologies LLC now owns 2,821,810 shares of the technology company’s stock worth $17,608,000 after purchasing an additional 63,300 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of DHI Group by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 2,169,952 shares of the technology company’s stock worth $12,911,000 after purchasing an additional 163,094 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of DHI Group by 5.5% in the 1st quarter. Acadian Asset Management LLC now owns 1,280,001 shares of the technology company’s stock worth $7,614,000 after purchasing an additional 66,890 shares in the last quarter. Hedge funds and other institutional investors own 74.00% of the company’s stock.

About DHI Group (Get Rating)

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States, the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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