Short Interest in DHI Group, Inc. (NYSE:DHX) Decreases By 5.9%

DHI Group, Inc. (NYSE:DHX) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 130,400 shares, a decrease of 5.9% from the December 15th total of 138,600 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 131,800 shares, the days-to-cover ratio is currently 1.0 days.

DHI Group Price Performance

NYSE:DHX opened at $2.26 on Monday. The stock has a market capitalization of $108.98 million, a PE ratio of 56.39 and a beta of 1.07. DHI Group has a 52 week low of $1.45 and a 52 week high of $2.98. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.29. The stock’s 50-day moving average price is $1.86 and its 200-day moving average price is $1.85.

Analysts Set New Price Targets

Several research firms recently commented on DHX. Barrington Research reaffirmed an “outperform” rating and set a $7.00 target price on shares of DHI Group in a report on Thursday, November 21st. B. Riley dropped their price objective on shares of DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research note on Wednesday, November 13th.

Hedge Funds Weigh In On DHI Group

A number of large investors have recently added to or reduced their stakes in DHX. Pacific Ridge Capital Partners LLC increased its stake in shares of DHI Group by 50.9% during the second quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock worth $5,215,000 after purchasing an additional 841,350 shares in the last quarter. First Eagle Investment Management LLC increased its stake in DHI Group by 72.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock worth $1,398,000 after buying an additional 280,479 shares in the last quarter. CWC Advisors LLC. acquired a new position in shares of DHI Group during the third quarter valued at approximately $327,000. Royce & Associates LP lifted its position in shares of DHI Group by 5.5% in the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock valued at $6,181,000 after acquiring an additional 174,010 shares in the last quarter. Finally, Nantahala Capital Management LLC boosted its stake in shares of DHI Group by 5.1% in the second quarter. Nantahala Capital Management LLC now owns 2,066,417 shares of the technology company’s stock worth $4,319,000 after acquiring an additional 100,000 shares during the last quarter. 69.26% of the stock is currently owned by institutional investors and hedge funds.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.