Short Interest in DIH Holding US, Inc. (NASDAQ:DHAI) Rises By 21.0%

DIH Holding US, Inc. (NASDAQ:DHAI) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 157,000 shares, an increase of 21.0% from the November 30th total of 129,700 shares. Based on an average daily volume of 37,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 0.7% of the company’s stock are sold short.

DIH Holding US Trading Down 4.2 %

NASDAQ:DHAI traded down $0.06 during trading hours on Tuesday, reaching $1.38. 69,215 shares of the stock were exchanged, compared to its average volume of 304,037. DIH Holding US has a 52 week low of $0.72 and a 52 week high of $3.67. The firm has a 50 day simple moving average of $1.30 and a 200-day simple moving average of $2.06.

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.