DHI Group Inc (NYSE:DHX) Sees Significant Decline in Short Interest

DHI Group Inc (NYSE:DHX) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 545,900 shares, a drop of 8.5% from the December 15th total of 596,800 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily volume of 167,400 shares, the days-to-cover ratio is currently 3.3 days.

Several research analysts have commented on DHX shares. Zacks Investment Research downgraded DHI Group from a “hold” rating to a “sell” rating in a report on Tuesday. ValuEngine upgraded DHI Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, December 17th.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. raised its holdings in shares of DHI Group by 284.0% in the second quarter. BlackRock Inc. now owns 3,249,829 shares of the technology company’s stock valued at $11,602,000 after purchasing an additional 2,403,469 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in DHI Group by 12.9% in the second quarter. Renaissance Technologies LLC now owns 2,802,400 shares of the technology company’s stock valued at $10,005,000 after acquiring an additional 321,000 shares during the last quarter. Vanguard Group Inc. boosted its holdings in DHI Group by 16.8% in the second quarter. Vanguard Group Inc. now owns 2,326,200 shares of the technology company’s stock valued at $8,305,000 after acquiring an additional 334,450 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in DHI Group by 32.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,590,467 shares of the technology company’s stock valued at $5,678,000 after acquiring an additional 391,997 shares during the last quarter. Finally, State Street Corp boosted its holdings in DHI Group by 27.6% in the third quarter. State Street Corp now owns 983,238 shares of the technology company’s stock valued at $3,785,000 after acquiring an additional 212,595 shares during the last quarter. Institutional investors own 77.98% of the company’s stock.

DHX traded up $0.09 during trading on Thursday, hitting $3.07. 8,012 shares of the stock were exchanged, compared to its average volume of 116,274. The firm has a 50 day simple moving average of $3.15 and a 200 day simple moving average of $3.51. The firm has a market cap of $160.62 million, a price-to-earnings ratio of 20.47, a P/E/G ratio of 0.56 and a beta of 1.49. DHI Group has a 1 year low of $1.73 and a 1 year high of $4.44. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.34 and a current ratio of 0.34.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Thursday, November 7th. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.06 by $0.02. The company had revenue of $37.18 million for the quarter, compared to the consensus estimate of $36.94 million. DHI Group had a return on equity of 8.00% and a net margin of 8.00%. As a group, equities analysts anticipate that DHI Group will post 0.24 earnings per share for the current fiscal year.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States 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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