DHI Group, Inc. (NYSE:DHX) Sees Significant Growth in Short Interest

DHI Group, Inc. (NYSE:DHX) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 146,200 shares, a growth of 132.1% from the September 15th total of 63,000 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 151,000 shares, the short-interest ratio is currently 1.0 days.

DHI Group Stock Up 1.2 %

DHX traded up $0.02 on Friday, reaching $1.75. The company’s stock had a trading volume of 29,768 shares, compared to its average volume of 223,536. The company has a market capitalization of $84.60 million, a price-to-earnings ratio of 43.75 and a beta of 1.02. DHI Group has a fifty-two week low of $1.45 and a fifty-two week high of $3.04. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.32. The stock has a 50 day moving average of $1.74 and a two-hundred day moving average of $2.09.

DHI Group (NYSE:DHX) last posted its earnings results on Wednesday, August 7th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. DHI Group had a net margin of 1.77% and a return on equity of 7.47%. The firm had revenue of $35.83 million for the quarter, compared to the consensus estimate of $36.10 million. During the same period last year, the firm posted $0.02 EPS. As a group, analysts forecast that DHI Group will post 0.19 EPS for the current fiscal year.

Hedge Funds Weigh In On DHI Group

Hedge funds have recently modified their holdings of the business. First Eagle Investment Management LLC boosted its stake in DHI Group by 145.7% during the 1st quarter. First Eagle Investment Management LLC now owns 388,449 shares of the technology company’s stock worth $991,000 after purchasing an additional 230,323 shares during the period. Pacific Ridge Capital Partners LLC raised its holdings in shares of DHI Group by 50.9% in the second quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock valued at $5,215,000 after buying an additional 841,350 shares during the last quarter. Nantahala Capital Management LLC boosted its stake in shares of DHI Group by 5.1% during the second quarter. Nantahala Capital Management LLC now owns 2,066,417 shares of the technology company’s stock worth $4,319,000 after buying an additional 100,000 shares during the period. Tieton Capital Management LLC grew its holdings in shares of DHI Group by 25.1% during the second quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock worth $5,103,000 after buying an additional 490,035 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in DHI Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 2,628,613 shares of the technology company’s stock valued at $6,703,000 after acquiring an additional 16,342 shares during the period. 69.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research note on Wednesday, August 14th. StockNews.com downgraded DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th.

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.