Short Interest in DHI Group, Inc. (NYSE:DHX) Drops By 5.9%

DHI Group, Inc. (NYSE:DHX) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 130,400 shares, a drop of 5.9% from the December 15th total of 138,600 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 131,800 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DHX. Pacific Ridge Capital Partners LLC lifted its position in shares of DHI Group by 50.9% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock worth $5,215,000 after purchasing an additional 841,350 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in DHI Group by 72.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock worth $1,398,000 after buying an additional 280,479 shares during the last quarter. CWC Advisors LLC. acquired a new position in shares of DHI Group during the 3rd quarter worth about $327,000. Royce & Associates LP increased its holdings in shares of DHI Group by 5.5% in the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock valued at $6,181,000 after acquiring an additional 174,010 shares during the last quarter. Finally, Nantahala Capital Management LLC raised its position in shares of DHI Group by 5.1% during the 2nd quarter. Nantahala Capital Management LLC now owns 2,066,417 shares of the technology company’s stock worth $4,319,000 after acquiring an additional 100,000 shares in the last quarter. Institutional investors and hedge funds own 69.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DHX. B. Riley cut their target price on DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Barrington Research restated an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a report on Thursday, November 21st.

DHI Group Stock Up 1.1 %

Shares of NYSE DHX traded up $0.03 during mid-day trading on Friday, hitting $2.26. The company had a trading volume of 177,960 shares, compared to its average volume of 116,175. The company has a market capitalization of $108.99 million, a PE ratio of 56.39 and a beta of 1.07. The business’s 50-day simple moving average is $1.86 and its 200 day simple moving average is $1.86. DHI Group has a 1-year low of $1.45 and a 1-year high of $2.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.42 and a quick ratio of 0.42.

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.