DIH Holding US, Inc. (NASDAQ:DHAI) Sees Significant Decrease in Short Interest

DIH Holding US, Inc. (NASDAQ:DHAI) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 211,800 shares, a decrease of 11.5% from the July 15th total of 239,300 shares. Based on an average daily trading volume, of 101,800 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.0% of the company’s stock are short sold.

DIH Holding US Trading Down 2.4 %

Shares of DIH Holding US stock traded down $0.06 on Monday, hitting $2.43. 14,196 shares of the company’s stock traded hands, compared to its average volume of 493,072. The business’s 50-day simple moving average is $2.86. DIH Holding US has a 52-week low of $0.72 and a 52-week high of $3.67.

DIH Holding US (NASDAQ:DHAI) last released its earnings results on Monday, July 15th. The company reported ($0.16) EPS for the quarter. The firm had revenue of $19.36 million during the quarter.

DIH Holding US Company Profile

DIH Holding US, Inc operates as a robotics and virtual reality (VR) technology provider for the rehabilitation industry in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It offers ArmeoPower, a backbone robot for arm and hand therapy in an early stage of rehabilitation; ArmeoSpring for less severe patients that provides self-initiated repetitive arm and hand therapy in an extensive workspace; ArmeoSpring Pro; and Armeo Senso, for patients self-initiated and still structurally controlled movement patterns to completely open movement.