DHI Group, Inc. (NYSE:DHX) Short Interest Down 5.0% in October

DHI Group, Inc. (NYSE:DHX) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 172,000 shares, a decrease of 5.0% from the October 15th total of 181,100 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 140,900 shares, the days-to-cover ratio is presently 1.2 days.

Analysts Set New Price Targets

DHX has been the topic of a number of research analyst reports. StockNews.com downgraded shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th. Barrington Research reissued an “outperform” rating and set a $7.00 target price on shares of DHI Group in a research note on Monday, November 11th. Finally, B. Riley dropped their price target 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.

DHI Group Stock Down 1.2 %

DHX opened at $1.66 on Tuesday. The company has a market capitalization of $80.23 million, a PE ratio of 41.51 and a beta of 1.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.42 and a quick ratio of 0.45. DHI Group has a fifty-two week low of $1.45 and a fifty-two week high of $2.98. The business has a 50-day moving average of $1.73 and a 200-day moving average of $1.97.

Hedge Funds Weigh In On DHI Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DHX. Point72 DIFC Ltd acquired a new position in DHI Group during the second quarter worth $30,000. Cubist Systematic Strategies LLC bought a new stake in shares of DHI Group during the 2nd quarter worth about $35,000. Virtu Financial LLC bought a new stake in shares of DHI Group during the 1st quarter worth about $39,000. Allspring Global Investments Holdings LLC acquired a new position in shares of DHI Group during the 2nd quarter valued at about $41,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of DHI Group in the 1st quarter valued at approximately $45,000. 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.