DIH Holding US, Inc. (NASDAQ:DHAI) Short Interest Up 219.5% in February

DIH Holding US, Inc. (NASDAQ:DHAI) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 232,900 shares, a growth of 219.5% from the February 13th total of 72,900 shares. Based on an average daily volume of 408,000 shares, the short-interest ratio is presently 0.6 days. Currently, 1.2% of the company’s stock are sold short.

DIH Holding US Stock Performance

Shares of NASDAQ DHAI opened at $0.31 on Friday. DIH Holding US has a fifty-two week low of $0.28 and a fifty-two week high of $3.67. The business has a 50-day simple moving average of $0.84 and a two-hundred day simple moving average of $1.34. The company has a market cap of $14.47 million, a PE ratio of -1.02 and a beta of -0.56.

DIH Holding US (NASDAQ:DHAI) last posted its earnings results on Friday, February 14th. The company reported ($0.11) earnings per share for the quarter. DIH Holding US had a negative net margin of 13.59% and a negative return on equity of 5.07%. The firm had revenue of $15.09 million during the quarter.

About DIH Holding US

DIH Holding US, Inc operates as a robotics and virtual reality (VR) technology provider for the rehabilitation industry in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It offers ArmeoPower, a backbone robot for arm and hand therapy in an early stage of rehabilitation; ArmeoSpring for less severe patients that provides self-initiated repetitive arm and hand therapy in an extensive workspace; ArmeoSpring Pro; and Armeo Senso, for patients self-initiated and still structurally controlled movement patterns to completely open movement.