DHI Group, Inc. (NYSE:DHX) Sees Large Increase in Short Interest

DHI Group, Inc. (NYSE:DHX) saw a significant growth in short interest in 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 daily volume of 172,500 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

Insider Buying and Selling at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 10,000 shares of DHI Group 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 of the company’s stock, valued at approximately $349,614.48. The trade was a 7.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders have sold 18,200 shares of company stock valued at $45,530. 14.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Royce & Associates LP increased its position in shares of DHI Group by 2.7% in the 4th quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company’s stock valued at $6,108,000 after buying an additional 91,786 shares in the last quarter. Pacific Ridge Capital Partners LLC increased its position in shares of DHI Group by 9.5% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 3,237,947 shares of the technology company’s stock valued at $5,731,000 after buying an additional 280,699 shares in the last quarter. Tieton Capital Management LLC increased its position in shares of DHI Group by 24.3% in the 4th quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company’s stock valued at $5,325,000 after buying an additional 587,376 shares in the last quarter. AWM Investment Company Inc. increased its position in shares of DHI Group by 17.2% in the 4th quarter. AWM Investment Company Inc. now owns 681,000 shares of the technology company’s stock valued at $1,205,000 after buying an additional 100,000 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of DHI Group by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock valued at $698,000 after buying an additional 8,547 shares in the last quarter. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Price Performance

Shares of DHX traded up $0.07 on Friday, hitting $1.60. The company’s stock had a trading volume of 85,445 shares, compared to its average volume of 203,417. The company has a market capitalization of $78.28 million, a PE ratio of 160.16 and a beta of 1.08. 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 fifty-two week low of $1.45 and a fifty-two week high of $3.32. The company has a 50 day moving average price of $2.46 and a 200 day moving average price of $2.00.

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

DHI Group declared that its board has initiated a stock repurchase program on Tuesday, January 21st that permits the company to buyback $5.00 million in outstanding shares. This buyback authorization permits the technology company to buy up to 4.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

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

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.