DLH Holdings Corp. (NASDAQ:DLHC) Short Interest Update

DLH Holdings Corp. (NASDAQ:DLHC) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 188,900 shares, a drop of 7.2% from the September 30th total of 203,500 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily volume of 45,700 shares, the short-interest ratio is currently 4.1 days.

DLH Trading Down 1.0 %

Shares of DLHC stock traded down $0.08 on Friday, reaching $8.02. 36,279 shares of the stock were exchanged, compared to its average volume of 47,973. DLH has a 1-year low of $8.00 and a 1-year high of $17.58. The stock has a market cap of $113.75 million, a P/E ratio of 47.29 and a beta of 1.14. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.32. The firm has a 50 day moving average of $9.53 and a two-hundred day moving average of $10.43.

DLH (NASDAQ:DLHC) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). DLH had a return on equity of 7.03% and a net margin of 0.62%. The business had revenue of $100.69 million for the quarter, compared to analysts’ expectations of $103.00 million. During the same quarter in the prior year, the firm earned $0.12 earnings per share. On average, research analysts anticipate that DLH will post 0.46 EPS for the current year.

Institutional Trading of DLH

Several large investors have recently bought and sold shares of DLHC. Victory Capital Management Inc. acquired a new position in DLH in the 2nd quarter worth $1,013,000. Dimensional Fund Advisors LP lifted its stake in shares of DLH by 24.4% in the second quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider’s stock worth $2,469,000 after acquiring an additional 45,915 shares in the last quarter. Squarepoint Ops LLC purchased a new position in DLH in the second quarter valued at about $367,000. Quadrature Capital Ltd purchased a new position in DLH in the first quarter valued at about $328,000. Finally, Bank of New York Mellon Corp increased its holdings in DLH by 160.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock worth $393,000 after purchasing an additional 22,928 shares during the last quarter. Institutional investors and hedge funds own 67.25% of the company’s stock.

DLH Company Profile

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).