Short Interest in DHI Group Inc (NYSE:DHX) Rises By 38.4%

DHI Group Inc (NYSE:DHX) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,275,300 shares, a growth of 38.4% from the July 31st total of 921,400 shares. Based on an average daily volume of 534,600 shares, the short-interest ratio is currently 2.4 days. Approximately 2.6% of the company’s shares are sold short.

In other DHI Group news, Director Golnar Sheikholeslami sold 39,200 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $3.94, for a total value of $154,448.00. Following the completion of the sale, the director now directly owns 134,750 shares of the company’s stock, valued at $530,915. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.10% of the company’s stock.

Large investors have recently modified their holdings of the company. Comprehensive Portfolio Management LLC bought a new position in shares of DHI Group during the second quarter valued at about $52,000. JPMorgan Chase & Co. bought a new position in shares of DHI Group during the second quarter valued at about $54,000. Group One Trading L.P. bought a new position in shares of DHI Group during the first quarter valued at about $55,000. Weiss Asset Management LP bought a new position in shares of DHI Group during the second quarter valued at about $71,000. Finally, Stone Ridge Asset Management LLC bought a new position in shares of DHI Group during the second quarter valued at about $103,000. 74.18% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:DHX traded down $0.08 during midday trading on Friday, hitting $4.14. 220,000 shares of the stock traded hands, compared to its average volume of 365,389. The stock has a market capitalization of $218.25 million, a PE ratio of 27.60, a P/E/G ratio of 0.90 and a beta of 1.63. The business’s 50 day moving average is $3.56 and its two-hundred day moving average is $3.37. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.15. DHI Group has a one year low of $1.34 and a one year high of $4.44.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Thursday, August 1st. The technology company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $37.36 million for the quarter, compared to the consensus estimate of $37.96 million. DHI Group had a net margin of 5.63% and a return on equity of 7.07%. As a group, sell-side analysts forecast that DHI Group will post 0.22 earnings per share for the current year.

Several research firms have weighed in on DHX. Zacks Investment Research downgraded shares of DHI Group from a “hold” rating to a “sell” rating in a research note on Friday, August 30th. TheStreet raised shares of DHI Group from a “c” rating to a “b-” rating in a research note on Friday, August 2nd. Finally, ValuEngine raised shares of DHI Group from a “sell” rating to a “hold” rating in a research note on Tuesday.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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