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

DHI Group, Inc. (NYSE:DHX) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 109,028 shares, a drop of 14.4% from the January 29th total of 127,316 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,192,686 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 2,192,686 shares, the short-interest ratio is presently 0.0 days. Approximately 0.3% of the company’s stock are short sold.

DHI Group Stock Performance

Shares of DHX traded down $0.02 during midday trading on Wednesday, hitting $2.57. 85,259 shares of the stock traded hands, compared to its average volume of 743,519. The business’s 50 day moving average price is $1.99 and its two-hundred day moving average price is $2.15. The firm has a market capitalization of $115.57 million, a PE ratio of -8.57 and a beta of 1.37. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.44 and a current ratio of 0.44. DHI Group has a 1-year low of $1.21 and a 1-year high of $3.34.

DHI Group declared that its board has initiated a share repurchase plan on Thursday, November 6th that permits the company to buyback $5.00 million in shares. This buyback authorization permits the technology company to purchase up to 5.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On DHI Group

Hedge funds have recently made changes to their positions in the business. Empowered Funds LLC boosted its position in shares of DHI Group by 17.2% during the fourth quarter. Empowered Funds LLC now owns 66,103 shares of the technology company’s stock worth $102,000 after buying an additional 9,703 shares during the period. XTX Topco Ltd boosted its position in DHI Group by 484.2% during the 4th quarter. XTX Topco Ltd now owns 111,299 shares of the technology company’s stock worth $173,000 after acquiring an additional 92,249 shares during the period. Bridgeway Capital Management LLC boosted its position in DHI Group by 33.5% during the 4th quarter. Bridgeway Capital Management LLC now owns 237,703 shares of the technology company’s stock worth $368,000 after acquiring an additional 59,703 shares during the period. Luminus Management LLC acquired a new position in shares of DHI Group during the fourth quarter valued at approximately $408,000. Finally, Rothschild Wealth LLC bought a new stake in shares of DHI Group in the 4th quarter worth $509,000. Institutional investors own 69.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Zacks Research upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of DHI Group in a report on Wednesday, January 21st. Barrington Research reissued an “outperform” rating and set a $10.00 price target on shares of DHI Group in a research report on Tuesday. Finally, Lake Street Capital restated a “hold” rating and set a $2.50 price objective (down from $3.00) on shares of DHI Group in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $6.25.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.

The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.