DHI Group, Inc. (DHX) Short Interest Update

DHI Group, Inc. (NYSE:DHX) saw a significant decrease in short interest in April. As of April 30th, there was short interest totalling 1,752,702 shares, a decrease of 37.7% from the April 13th total of 2,812,637 shares. Approximately 3.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 658,199 shares, the short-interest ratio is presently 2.7 days.

Shares of DHI Group opened at $1.90 on Friday, Marketbeat.com reports. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.53 and a quick ratio of 0.53. DHI Group has a 52-week low of $1.73 and a 52-week high of $1.75. The firm has a market cap of $87.90 million, a PE ratio of 12.67 and a beta of 0.84.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Tuesday, May 8th. The technology company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). DHI Group had a return on equity of 5.87% and a net margin of 9.12%. The business had revenue of $43.07 million during the quarter, compared to the consensus estimate of $42.89 million. During the same period in the prior year, the firm earned $0.04 EPS. sell-side analysts anticipate that DHI Group will post 0.17 EPS for the current year.

DHI Group announced that its Board of Directors has authorized a stock repurchase program on Tuesday, May 8th that allows the company to repurchase $7.00 million in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 10.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Several research analysts have recently issued reports on DHX shares. Zacks Investment Research downgraded shares of DHI Group from a “hold” rating to a “sell” rating in a report on Monday, February 5th. B. Riley lowered their price target on shares of DHI Group from $2.75 to $2.00 and set a “neutral” rating for the company in a report on Thursday, February 8th. Finally, ValuEngine upgraded shares of DHI Group from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th.

Several institutional investors have recently modified their holdings of DHX. California Public Employees Retirement System grew its stake in shares of DHI Group by 24.0% in the third quarter. California Public Employees Retirement System now owns 328,774 shares of the technology company’s stock worth $855,000 after purchasing an additional 63,574 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of DHI Group by 1,867.5% in the fourth quarter. Crossmark Global Holdings Inc. now owns 216,430 shares of the technology company’s stock worth $411,000 after purchasing an additional 205,430 shares during the last quarter. BlackRock Inc. grew its stake in shares of DHI Group by 2.4% in the fourth quarter. BlackRock Inc. now owns 6,303,034 shares of the technology company’s stock worth $11,976,000 after purchasing an additional 144,743 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of DHI Group in the fourth quarter worth $100,000. Finally, Virtu Financial LLC grew its stake in shares of DHI Group by 175.9% in the fourth quarter. Virtu Financial LLC now owns 58,002 shares of the technology company’s stock worth $111,000 after purchasing an additional 36,980 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

About DHI Group

DHI Group, Inc provides data, insights, and connections services to professional communities in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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