DLH Holdings Corp. (NASDAQ:DLHC) Short Interest Update

DLH Holdings Corp. (NASDAQ:DLHC) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 37,300 shares, a growth of 28.2% from the March 31st total of 29,100 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 39,300 shares, the days-to-cover ratio is currently 0.9 days.

DLH Trading Down 1.4 %

NASDAQ:DLHC opened at $10.79 on Tuesday. DLH has a 1 year low of $9.01 and a 1 year high of $17.58. The stock’s fifty day moving average price is $13.46 and its two-hundred day moving average price is $14.42. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $153.54 million, a P/E ratio of 71.94 and a beta of 1.20.

DLH (NASDAQ:DLHC) last issued its quarterly earnings data on Wednesday, January 31st. The business services provider reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The business had revenue of $97.85 million for the quarter, compared to analysts’ expectations of $101.00 million. DLH had a return on equity of 6.78% and a net margin of 0.51%. As a group, analysts expect that DLH will post 0.55 EPS for the current year.

Insider Buying and Selling

In other news, insider Jeanine M. Christian sold 3,826 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $16.99, for a total transaction of $65,003.74. Following the completion of the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at approximately $358,913.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 21.60% of the stock is owned by insiders.

Hedge Funds Weigh In On DLH

Large investors have recently modified their holdings of the company. Cove Street Capital LLC boosted its stake in DLH by 14.6% during the third quarter. Cove Street Capital LLC now owns 803,460 shares of the business services provider’s stock valued at $9,376,000 after buying an additional 102,275 shares during the period. Wasatch Advisors LP boosted its position in shares of DLH by 9.6% during the 4th quarter. Wasatch Advisors LP now owns 548,217 shares of the business services provider’s stock valued at $8,634,000 after acquiring an additional 47,866 shares during the last quarter. Minerva Advisors LLC grew its holdings in shares of DLH by 16.7% during the third quarter. Minerva Advisors LLC now owns 505,581 shares of the business services provider’s stock worth $5,723,000 after purchasing an additional 72,173 shares in the last quarter. Essex Investment Management Co. LLC bought a new position in shares of DLH in the third quarter worth approximately $1,180,000. Finally, Legato Capital Management LLC lifted its position in DLH by 3.2% during the fourth quarter. Legato Capital Management LLC now owns 39,164 shares of the business services provider’s stock valued at $617,000 after purchasing an additional 1,203 shares during the last quarter. 67.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered DLH from a “strong-buy” rating to a “buy” rating in a report on Friday.

DLH Company Profile

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).