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

DLH Holdings Corp. (NASDAQ:DLHC) was the recipient of a large increase in short interest during 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. Currently, 2.3% of the shares of the stock are sold short. Based on an average daily volume of 48,200 shares, the short-interest ratio is currently 5.7 days.

Analyst Ratings Changes

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

DLH Price Performance

Shares of DLHC traded up $0.05 during mid-day trading on Wednesday, hitting $4.75. 12,836 shares of the company were exchanged, compared to its average volume of 48,453. DLH has a 1-year low of $4.50 and a 1-year high of $14.60. 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 company has a 50 day moving average of $6.34 and a 200-day moving average of $7.88. The stock has a market cap of $68.33 million, a price-to-earnings ratio of 10.80 and a beta of 1.40.

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

Institutional Trading of DLH

Large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its stake in DLH by 31.9% during the 4th quarter. Bank of America Corp DE now owns 7,679 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 1,855 shares in the last quarter. Barclays PLC grew its stake in DLH by 299.3% during the 3rd quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock valued at $109,000 after acquiring an additional 8,782 shares in the last quarter. Wealthedge Investment Advisors LLC purchased a new stake in DLH during the 4th quarter valued at about $114,000. BNP Paribas Financial Markets grew its stake in DLH by 654.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock valued at $139,000 after acquiring an additional 12,906 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of DLH by 643.6% in the 4th quarter. JPMorgan Chase & Co. now owns 27,386 shares of the business services provider’s stock valued at $220,000 after buying an additional 23,703 shares during the period. Hedge funds and other institutional investors 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).