DIH Holding US, Inc. (NASDAQ:DHAI) Short Interest Down 35.0% in March

DIH Holding US, Inc. (NASDAQ:DHAI) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 151,500 shares, a decrease of 35.0% from the February 28th total of 232,900 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 473,700 shares, the short-interest ratio is currently 0.3 days.

DIH Holding US Stock Performance

Shares of DHAI traded down $0.00 on Monday, hitting $0.25. 270,831 shares of the stock traded hands, compared to its average volume of 190,158. The company has a market capitalization of $11.64 million, a PE ratio of -0.82 and a beta of -0.56. DIH Holding US has a one year low of $0.24 and a one year high of $3.67. The business has a 50 day simple moving average of $0.57 and a 200 day simple moving average of $1.19.

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

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.