Short Interest in DHI Group, Inc. (NYSE:DHX) Increases By 39.9%

DHI Group, Inc. (NYSE:DHX) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 172,500 shares, a growth of 39.9% from the February 13th total of 123,300 shares. Based on an average trading volume of 172,500 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Barrington Research restated an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research report on Thursday, February 6th.

DHI Group Trading Up 11.9 %

Shares of DHX stock traded up $0.18 during trading hours on Monday, reaching $1.73. The company had a trading volume of 192,460 shares, compared to its average volume of 203,374. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.47 and a quick ratio of 0.47. DHI Group has a 1-year low of $1.45 and a 1-year high of $3.32. The company has a 50 day moving average of $2.46 and a 200 day moving average of $2.00. The firm has a market cap of $84.83 million, a price-to-earnings ratio of 173.57 and a beta of 1.08.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.04. DHI Group had a net margin of 0.18% and a return on equity of 9.21%. On average, equities research analysts anticipate that DHI Group will post 0.11 EPS for the current year.

DHI Group declared that its Board of Directors has approved a stock repurchase plan on Tuesday, January 21st that authorizes the company to buyback $5.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 4.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Insider Transactions at DHI Group

In related news, Director Kathleen M. Swann sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total transaction of $29,600.00. Following the sale, the director now directly owns 118,113 shares in the company, valued at $349,614.48. This represents a 7.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 18,200 shares of company stock valued at $45,530. Company insiders own 15.80% of the company’s stock.

Institutional Investors Weigh In On DHI Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. GSA Capital Partners LLP grew its position in shares of DHI Group by 35.6% in the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock valued at $415,000 after acquiring an additional 59,155 shares during the period. Royce & Associates LP raised its stake in 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 buying an additional 174,010 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of DHI Group by 86.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock valued at $113,000 after buying an additional 28,552 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of DHI Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock worth $698,000 after acquiring an additional 8,547 shares during the period. Finally, Picton Mahoney Asset Management increased its holdings in shares of DHI Group by 92.1% during the 4th quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company’s stock worth $31,000 after acquiring an additional 8,449 shares during the last quarter. Institutional investors own 69.26% of the company’s stock.

About DHI Group

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.