DHI Group, Inc. (NYSE:DHX) Short Interest Up 58.6% in December

DHI Group, Inc. (NYSE:DHX) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 71,289 shares, a growth of 58.6% from the November 30th total of 44,955 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 284,693 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 284,693 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DHX. Kennedy Capital Management LLC purchased a new stake in DHI Group during the 3rd quarter worth about $2,337,000. 22NW LP grew its position in shares of DHI Group by 26.7% during the second quarter. 22NW LP now owns 3,299,937 shares of the technology company’s stock worth $9,801,000 after buying an additional 696,294 shares in the last quarter. Evergreen Capital Management LLC acquired a new position in shares of DHI Group during the second quarter worth about $603,000. Citadel Advisors LLC purchased a new stake in shares of DHI Group during the third quarter worth approximately $392,000. Finally, Goldman Sachs Group Inc. raised its holdings in DHI Group by 37.6% in the first quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock valued at $440,000 after acquiring an additional 86,631 shares in the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on DHX shares. Lake Street Capital restated a “hold” rating and issued a $2.50 target price (down previously from $3.00) on shares of DHI Group in a research report on Tuesday, November 11th. Zacks Research downgraded DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of DHI Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $4.75.

DHI Group Trading Up 0.6%

DHI Group stock traded up $0.01 during midday trading on Friday, reaching $1.62. 192,748 shares of the stock traded hands, compared to its average volume of 268,805. The firm has a market cap of $76.40 million, a PE ratio of -5.23 and a beta of 1.45. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.31. The company has a 50-day simple moving average of $1.80 and a two-hundred day simple moving average of $2.38. DHI Group has a 12-month low of $1.21 and a 12-month high of $3.34.

DHI Group (NYSE:DHX) last issued its quarterly earnings results on Monday, November 10th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. DHI Group had a negative net margin of 10.24% and a positive return on equity of 10.14%. The company had revenue of $32.12 million for the quarter, compared to analyst estimates of $31.19 million. Research analysts expect that DHI Group will post 0.11 earnings per share for the current fiscal year.

DHI Group announced that its board has authorized a share repurchase program on Thursday, November 6th that authorizes the company to buyback $5.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 5.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.

The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.