DIH Holding US, Inc. (NASDAQ:DHAI) Sees Significant Decline in Short Interest

DIH Holding US, Inc. (NASDAQ:DHAI) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 72,900 shares, a drop of 84.8% from the January 31st total of 479,400 shares. Based on an average trading volume of 273,800 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s stock are sold short.

DIH Holding US Trading Up 19.1 %

NASDAQ:DHAI traded up $0.08 during trading hours on Friday, hitting $0.49. The stock had a trading volume of 2,918,640 shares, compared to its average volume of 502,692. DIH Holding US has a 1-year low of $0.35 and a 1-year high of $3.67. The business has a 50 day simple moving average of $1.02 and a two-hundred day simple moving average of $1.48. The company has a market cap of $23.02 million, a PE ratio of -1.62 and a beta of -0.66.

DIH Holding US (NASDAQ:DHAI) last issued its quarterly earnings data on Friday, February 14th. The company reported ($0.11) earnings per share (EPS) 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.

DIH Holding US Company Profile

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.