DHI Group, Inc. (NYSE:DHX) Short Interest Update

DHI Group, Inc. (NYSE:DHX) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 172,500 shares, a growth of 39.9% from the February 13th total of 123,300 shares. Based on an average daily volume of 172,500 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are short sold.

DHI Group Trading Up 11.9 %

Shares of DHX stock opened at $1.73 on Tuesday. DHI Group has a 52-week low of $1.45 and a 52-week high of $3.32. The company has a 50-day simple moving average of $2.46 and a two-hundred day simple moving average of $2.00. The company has a market capitalization of $84.83 million, a price-to-earnings ratio of 173.57 and a beta of 1.08. 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 for the quarter, beating the consensus estimate of $0.03 by $0.04. DHI Group had a net margin of 0.18% and a return on equity of 9.21%. Research analysts anticipate that DHI Group will post 0.11 EPS for the current fiscal year.

DHI Group announced that its Board of Directors has authorized a stock repurchase program on Tuesday, January 21st that permits the company to repurchase $5.00 million in shares. This repurchase authorization permits the technology company to reacquire up to 4.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Kathleen M. Swann sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total value of $29,600.00. Following the completion of the transaction, the director now owns 118,113 shares of the company’s stock, valued at $349,614.48. This represents a 7.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold 18,200 shares of company stock worth $45,530 over the last three months. Insiders own 15.80% of the company’s stock.

Institutional Investors Weigh In On DHI Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHX. 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 grew its position in DHI Group by 5.5% in the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock worth $6,181,000 after acquiring an additional 174,010 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in DHI Group by 86.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock valued at $113,000 after acquiring an additional 28,552 shares during the last quarter. Geode Capital Management LLC lifted its stake in DHI Group by 2.3% during the third 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 last quarter. Finally, Picton Mahoney Asset Management boosted its holdings in shares of DHI Group by 92.1% in the 4th quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company’s stock worth $31,000 after purchasing an additional 8,449 shares in the last quarter. 69.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Barrington Research reiterated an “outperform” rating and set a $7.00 price target on shares of DHI Group in a report on Thursday, February 6th.

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.