Short Interest in DHI Group Inc (DHX) Rises By 41.4%
DHI Group Inc (NYSE:DHX) saw a significant growth in short interest during the month of December. As of December 29th, there was short interest totalling 2,989,464 shares, a growth of 41.4% from the December 15th total of 2,114,832 shares. Based on an average daily volume of 358,748 shares, the short-interest ratio is presently 8.3 days. Currently, 6.3% of the company’s stock are sold short.
Several research firms have issued reports on DHX. ValuEngine lowered DHI Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. B. Riley reiterated a “hold” rating and issued a $3.00 target price on shares of DHI Group in a research note on Friday, October 27th. Finally, Zacks Investment Research lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Wednesday, December 13th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $6.25.
Hedge funds have recently modified their holdings of the company. Alliancebernstein L.P. grew its stake in shares of DHI Group by 148.1% during the second quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock worth $109,000 after acquiring an additional 22,860 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of DHI Group during the second quarter worth about $112,000. Citadel Advisors LLC purchased a new stake in shares of DHI Group during the second quarter worth about $117,000. Brandes Investment Partners LP purchased a new stake in shares of DHI Group during the third quarter worth about $125,000. Finally, SG Americas Securities LLC purchased a new stake in shares of DHI Group during the second quarter worth about $151,000. Institutional investors and hedge funds own 81.38% of the company’s stock.
DHI Group (NYSE:DHX) last posted its earnings results on Thursday, November 2nd. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. DHI Group had a return on equity of 11.37% and a net margin of 4.58%. equities research analysts expect that DHI Group will post 0.14 EPS for the current fiscal year.
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About DHI Group
DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other, which includes Slashdot Media and Brightmatter.
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