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

DHI Group, Inc. (NYSE:DHXGet Rating) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totalling 1,460,000 shares, a decline of 8.2% from the July 15th total of 1,590,000 shares. Currently, 3.6% of the company’s shares are short sold. Based on an average daily trading volume, of 466,100 shares, the days-to-cover ratio is presently 3.1 days.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DHX. TheStreet downgraded shares of DHI Group from a “b-” rating to a “c” rating in a report on Friday, May 20th. StockNews.com upgraded shares of DHI Group from a “buy” rating to a “strong-buy” rating in a report on Friday, August 5th. Finally, B. Riley boosted their target price on shares of DHI Group from $8.50 to $9.00 in a report on Thursday, May 5th.

DHI Group Trading Down 1.3 %

DHX stock traded down $0.07 during midday trading on Wednesday, reaching $5.36. 3,447 shares of the company’s stock traded hands, compared to its average volume of 264,856. The company has a market capitalization of $259.96 million, a P/E ratio of 543.54, a PEG ratio of 3.32 and a beta of 1.33. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.38 and a quick ratio of 0.38. DHI Group has a fifty-two week low of $3.62 and a fifty-two week high of $7.57. The business has a 50-day moving average price of $5.18 and a two-hundred day moving average price of $5.68.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in DHI Group by 333.8% during the first quarter. Bank of America Corp DE now owns 4,247 shares of the technology company’s stock valued at $25,000 after buying an additional 3,268 shares in the last quarter. Counterpoint Mutual Funds LLC lifted its position in DHI Group by 32.7% during the second quarter. Counterpoint Mutual Funds LLC now owns 19,311 shares of the technology company’s stock valued at $96,000 after buying an additional 4,757 shares in the last quarter. State Street Corp lifted its position in shares of DHI Group by 4.2% during the first quarter. State Street Corp now owns 169,598 shares of the technology company’s stock worth $1,009,000 after purchasing an additional 6,794 shares in the last quarter. Mirabella Financial Services LLP lifted its position in shares of DHI Group by 41.3% during the first quarter. Mirabella Financial Services LLP now owns 24,222 shares of the technology company’s stock worth $144,000 after purchasing an additional 7,080 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in shares of DHI Group by 378,700.0% during the first quarter. BNP Paribas Arbitrage SA now owns 7,576 shares of the technology company’s stock worth $45,000 after purchasing an additional 7,574 shares in the last quarter. 74.00% of the stock is owned by institutional investors and hedge funds.

About DHI Group

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DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States, the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, 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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