DLH Holdings Corp. (NASDAQ:DLHC) Short Interest Up 21.1% in February

DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 276,000 shares, an increase of 21.1% from the February 13th total of 227,900 shares. Based on an average daily volume of 48,200 shares, the short-interest ratio is currently 5.7 days. Approximately 2.3% of the company's shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Minerva Advisors LLC boosted its holdings in DLH by 24.2% in the third quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider's stock valued at $5,950,000 after acquiring an additional 123,796 shares during the last quarter. State Street Corp lifted its stake in shares of DLH by 3.9% during the third quarter. State Street Corp now owns 111,447 shares of the business services provider's stock worth $1,043,000 after purchasing an additional 4,165 shares in the last quarter. Barclays PLC lifted its stake in shares of DLH by 299.3% during the third quarter. Barclays PLC now owns 11,716 shares of the business services provider's stock worth $109,000 after purchasing an additional 8,782 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of DLH by 654.8% during the third quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider's stock worth $139,000 after purchasing an additional 12,906 shares in the last quarter. Finally, Albert D Mason Inc. lifted its stake in shares of DLH by 10.7% during the fourth quarter. Albert D Mason Inc. now owns 103,575 shares of the business services provider's stock worth $832,000 after purchasing an additional 10,016 shares in the last quarter. Institutional investors and hedge funds own 67.25% of the company's stock.

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Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded DLH from a "buy" rating to a "hold" rating in a research report on Friday, February 7th.

DLH Trading Down 0.8 %

DLH stock traded down $0.04 during midday trading on Friday, reaching $4.69. The stock had a trading volume of 104,797 shares, compared to its average volume of 48,991. DLH has a twelve month low of $4.50 and a twelve month high of $14.44. The stock has a market capitalization of $67.47 million, a PE ratio of 10.66 and a beta of 1.40. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.04 and a current ratio of 1.04. The stock's 50-day simple moving average is $6.16 and its 200 day simple moving average is $7.77.

DLH (NASDAQ:DLHC - Get Free Report) last issued its earnings results on Wednesday, February 5th. The business services provider reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. DLH had a return on equity of 5.82% and a net margin of 1.64%. Analysts expect that DLH will post -0.13 EPS for the current year.

About DLH

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).