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

DIH Holding US, Inc. (NASDAQ:DHAI) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 72,900 shares, a drop 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 presently 0.3 days. Approximately 0.4% of the company’s shares are sold short.

DIH Holding US Trading Down 3.0 %

Shares of NASDAQ DHAI traded down $0.01 during midday trading on Thursday, reaching $0.41. The company’s stock had a trading volume of 858,296 shares, compared to its average volume of 438,033. The stock has a market capitalization of $19.32 million, a price-to-earnings ratio of -1.36 and a beta of -0.66. DIH Holding US has a fifty-two week low of $0.35 and a fifty-two week high of $3.67. The stock has a 50 day simple moving average of $1.06 and a 200-day simple moving average of $1.50.

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

DIH Holding US Company Profile

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.