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

DHI Group, Inc. (NYSE:DHX) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 172,500 shares, an increase of 39.9% from the February 13th total of 123,300 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 172,500 shares, the days-to-cover ratio is presently 1.0 days.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, Director Kathleen M. Swann sold 10,000 shares of DHI Group stock in a transaction dated Wednesday, February 12th. The shares were 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 directly owns 118,113 shares of the company’s stock, valued at approximately $349,614.48. The trade was a 7.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 18,200 shares of company stock worth $45,530 in the last 90 days. 15.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On DHI Group

A number of institutional investors and hedge funds have recently bought and sold shares of DHX. XTX Topco Ltd acquired a new stake in DHI Group in the 4th quarter worth $25,000. Picton Mahoney Asset Management grew its position in DHI Group by 92.1% during the fourth quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company’s stock worth $31,000 after buying an additional 8,449 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in DHI Group during the fourth quarter worth about $32,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in DHI Group by 86.2% during 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 period. Finally, Northern Trust Corp lifted its position in shares of DHI Group by 7.0% in the 4th quarter. Northern Trust Corp now owns 77,687 shares of the technology company’s stock worth $138,000 after acquiring an additional 5,090 shares during the period. Institutional investors own 69.26% of the company’s stock.

DHI Group Stock Up 11.9 %

Shares of DHI Group stock traded up $0.18 during trading on Monday, hitting $1.73. 192,460 shares of the stock traded hands, compared to its average volume of 203,374. The company has a fifty day moving average price of $2.46 and a two-hundred day moving average price of $2.00. DHI Group has a twelve month low of $1.45 and a twelve month high of $3.32. The stock has a market cap of $84.83 million, a P/E 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 announced its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.07 EPS for the quarter, topping 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%. Equities research analysts predict that DHI Group will post 0.11 EPS for the current fiscal year.

DHI Group declared that its Board of Directors has approved a stock repurchase program on Tuesday, January 21st that permits the company to repurchase $5.00 million in outstanding shares. This repurchase authorization permits the technology company to buy up to 4.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

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.