Short Interest in DHI Group, Inc. (NYSE:DHX) Decreases By 34.3%

DHI Group, Inc. (NYSE:DHX) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 123,300 shares, a decline of 34.3% from the January 31st total of 187,800 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 167,500 shares, the short-interest ratio is currently 0.7 days.

Insider Buying and Selling at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $2.96, for a total transaction of $29,600.00. Following the transaction, the director now owns 118,113 shares of the company’s stock, valued at approximately $349,614.48. This trade represents a 7.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 18,200 shares of company stock valued at $45,530 in the last quarter. Corporate insiders own 15.80% of the company’s stock.

Hedge Funds Weigh In On DHI Group

Institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. increased its stake in DHI Group by 86.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock worth $113,000 after purchasing an additional 28,552 shares in the last quarter. Geode Capital Management LLC boosted its stake in DHI Group by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock worth $698,000 after purchasing an additional 8,547 shares during the period. GSA Capital Partners LLP boosted its stake in DHI Group by 35.6% in the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock worth $415,000 after purchasing an additional 59,155 shares during the period. Royce & Associates LP boosted its stake in DHI Group by 5.5% in the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock worth $6,181,000 after purchasing an additional 174,010 shares during the period. Finally, Allworth Financial LP acquired a new position in DHI Group in the 3rd quarter worth approximately $49,000. Hedge funds and other institutional investors own 69.26% of the company’s stock.

DHI Group Price Performance

NYSE DHX traded down $0.09 on Tuesday, reaching $2.26. The company’s stock had a trading volume of 140,853 shares, compared to its average volume of 206,977. The stock has a market cap of $110.42 million, a PE ratio of 225.93 and a beta of 1.11. DHI Group has a twelve month low of $1.45 and a twelve month high of $3.32. The firm’s 50 day moving average is $2.45 and its two-hundred day moving average is $1.99. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.47.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. As a group, sell-side analysts predict that DHI Group will post 0.11 EPS for the current year.

DHI Group declared that its Board of Directors has authorized a share buyback program on Tuesday, January 21st that authorizes the company to repurchase $5.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 4.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

DHX has been the subject of a number of research reports. Barrington Research reaffirmed an “outperform” rating and set a $7.00 price target on shares of DHI Group in a research note on Thursday, February 6th. B. Riley decreased their price target on DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a research note on Wednesday, November 13th.

DHI Group Company Profile

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.