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

DIH Holding US, Inc. (NASDAQ:DHAI) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 112,000 shares, a decline of 29.6% from the October 15th total of 159,100 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is presently 5.0 days.

DIH Holding US Trading Down 9.5 %

Shares of NASDAQ:DHAI traded down $0.10 during trading on Thursday, reaching $0.95. The company had a trading volume of 44,053 shares, compared to its average volume of 342,224. DIH Holding US has a fifty-two week low of $0.72 and a fifty-two week high of $3.67. The stock’s fifty day moving average price is $1.77 and its 200 day moving average price is $2.17.

DIH Holding US (NASDAQ:DHAI) last posted its quarterly earnings data on Monday, August 19th. The company reported ($0.02) EPS for the quarter. The company had revenue of $16.19 million during the quarter.

About DIH Holding US

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.