DIH Holding US, Inc. (NASDAQ:DHAI) Sees Large Drop in Short Interest

DIH Holding US, Inc. (NASDAQ:DHAI) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 159,100 shares, a decline of 14.0% from the September 30th total of 184,900 shares. Based on an average daily volume of 26,500 shares, the short-interest ratio is presently 6.0 days. Approximately 0.7% of the shares of the company are short sold.

DIH Holding US Trading Down 6.9 %

Shares of NASDAQ:DHAI traded down $0.10 on Tuesday, hitting $1.34. 2,811 shares of the company were exchanged, compared to its average volume of 363,556. DIH Holding US has a 1-year low of $0.72 and a 1-year high of $3.67. The stock’s 50 day moving average price is $2.03 and its 200 day moving average price is $2.17.

DIH Holding US (NASDAQ:DHAI) last posted its quarterly earnings results on Monday, August 19th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $16.19 million for the quarter.

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.