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

DHI Group, Inc. (NYSE:DHX - Get Free Report) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 172,000 shares, a decline of 5.0% from the October 15th total of 181,100 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 140,900 shares, the days-to-cover ratio is currently 1.2 days.

Wall Street Analyst Weigh In

DHX has been the subject of several research analyst reports. Barrington Research restated an "outperform" rating and issued a $7.00 price objective on shares of DHI Group in a report on Monday, November 11th. B. Riley lowered their price objective on DHI Group from $4.00 to $3.50 and set a "buy" rating on the stock in a report on Wednesday, November 13th. Finally, StockNews.com downgraded DHI Group from a "strong-buy" rating to a "buy" rating in a research note on Friday, August 16th.

Institutional Trading of DHI Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings 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 worth $698,000 after acquiring an additional 8,547 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of DHI Group by 86.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company's stock worth $113,000 after buying an additional 28,552 shares in the last quarter. Royce & Associates LP increased its stake in shares of DHI Group by 5.5% during the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company's stock worth $6,181,000 after purchasing an additional 174,010 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of DHI Group by 35.6% during the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company's stock worth $415,000 after purchasing an additional 59,155 shares during the last quarter. Finally, Allworth Financial LP purchased a new stake in shares of DHI Group during the 3rd quarter worth approximately $49,000. 69.26% of the stock is currently owned by institutional investors and hedge funds.

DHI Group Price Performance

NYSE DHX traded up $0.01 on Monday, hitting $1.69. 201,427 shares of the company's stock were exchanged, compared to its average volume of 214,200. DHI Group has a 52 week low of $1.45 and a 52 week high of $2.98. The stock has a market cap of $81.68 million, a price-to-earnings ratio of 42.01 and a beta of 1.04. The company has a current ratio of 0.42, a quick ratio of 0.45 and a debt-to-equity ratio of 0.29. The stock has a 50-day moving average of $1.72 and a 200-day moving average of $1.97.

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.