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

DHI Group, Inc. (NYSE:DHX) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totalling 59,600 shares, a drop of 94.5% from the June 30th total of 1,080,000 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 297,600 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

DHX has been the subject of a number of recent research reports. StockNews.com upgraded DHI Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research note on Tuesday, May 28th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in DHI Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 2,628,613 shares of the technology company’s stock worth $6,703,000 after buying an additional 16,342 shares during the period. Archon Capital Management LLC raised its position in shares of DHI Group by 0.3% in the 1st quarter. Archon Capital Management LLC now owns 2,009,490 shares of the technology company’s stock worth $5,124,000 after acquiring an additional 6,366 shares in the last quarter. Pacific Ridge Capital Partners LLC lifted its position in DHI Group by 26.3% during the first quarter. Pacific Ridge Capital Partners LLC now owns 1,653,745 shares of the technology company’s stock valued at $4,217,000 after buying an additional 344,014 shares during the period. Tieton Capital Management LLC boosted its holdings in shares of DHI Group by 13.3% during the 4th quarter. Tieton Capital Management LLC now owns 1,472,992 shares of the technology company’s stock valued at $3,815,000 after buying an additional 172,637 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in DHI Group by 47.5% in the fourth quarter. Franklin Resources Inc. now owns 531,181 shares of the technology company’s stock worth $1,376,000 after purchasing an additional 170,964 shares during the period. Institutional investors own 69.26% of the company’s stock.

DHI Group Trading Up 4.8 %

Shares of NYSE:DHX traded up $0.10 on Friday, reaching $2.20. 83,696 shares of the company traded hands, compared to its average volume of 246,849. The stock has a market capitalization of $106.35 million, a P/E ratio of 52.51 and a beta of 1.03. The business’s 50-day simple moving average is $2.16 and its 200 day simple moving average is $2.37. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.38. DHI Group has a 52 week low of $1.87 and a 52 week high of $4.22.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Wednesday, May 8th. The technology company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. DHI Group had a return on equity of 5.72% and a net margin of 1.02%. The business had revenue of $36.03 million for the quarter, compared to analyst estimates of $35.97 million. During the same period last year, the company earned $0.01 EPS. As a group, equities analysts anticipate that DHI Group will post 0.17 EPS for the current fiscal year.

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.