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

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. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 131,800 shares, the short-interest ratio is presently 1.0 days.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DHX. B. Riley lowered their price objective on DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Barrington Research reissued an “outperform” rating and issued a $7.00 price target on shares of DHI Group in a report on Thursday, November 21st.

DHI Group Trading Up 1.1 %

Shares of DHI Group stock opened at $2.26 on Monday. The firm’s 50 day simple moving average is $1.86 and its two-hundred day simple moving average is $1.85. The firm has a market capitalization of $108.98 million, a price-to-earnings ratio of 56.39 and a beta of 1.07. DHI Group has a 12-month low of $1.45 and a 12-month high of $2.98. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.29.

Hedge Funds Weigh In On DHI Group

Hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC grew its stake in DHI Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock valued at $698,000 after purchasing an additional 8,547 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of DHI Group by 86.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock worth $113,000 after purchasing an additional 28,552 shares during the period. Royce & Associates LP boosted its position 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 last quarter. GSA Capital Partners LLP boosted its position in DHI Group by 35.6% in the third quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock valued at $415,000 after buying an additional 59,155 shares during the last quarter. Finally, Allworth Financial LP acquired a new position in DHI Group in the 3rd quarter worth approximately $49,000. 69.26% of the stock is owned by institutional investors and hedge funds.

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.