DLH Holdings Corp. (NASDAQ:DLHC – Get Rating) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 34,700 shares, an increase of 17.6% from the November 15th total of 29,500 shares. Currently, 0.3% of the company's stock are short sold. Based on an average daily volume of 24,400 shares, the short-interest ratio is presently 1.4 days.
DLH Stock Up 0.8 %
DLHC stock traded up $0.10 during mid-day trading on Friday, hitting $12.91. The stock had a trading volume of 22,917 shares, compared to its average volume of 38,551. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.22. DLH has a 1-year low of $11.85 and a 1-year high of $21.49. The company has a fifty day moving average of $13.03 and a 200 day moving average of $14.69. The stock has a market capitalization of $168.44 million, a price-to-earnings ratio of 7.92 and a beta of 1.41.
Get DLH alerts:Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Denali Advisors LLC increased its holdings in shares of DLH by 16.1% during the 2nd quarter. Denali Advisors LLC now owns 6,500 shares of the business services provider's stock valued at $99,000 after acquiring an additional 900 shares during the last quarter. State Street Corp increased its holdings in shares of DLH by 4.2% during the 3rd quarter. State Street Corp now owns 35,009 shares of the business services provider's stock valued at $430,000 after acquiring an additional 1,400 shares during the last quarter. UBS Group AG acquired a new position in shares of DLH during the 2nd quarter valued at about $33,000. Janney Montgomery Scott LLC increased its holdings in shares of DLH by 22.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 13,108 shares of the business services provider's stock valued at $161,000 after acquiring an additional 2,375 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of DLH by 9.0% during the 1st quarter. Royal Bank of Canada now owns 35,240 shares of the business services provider's stock valued at $667,000 after acquiring an additional 2,900 shares during the last quarter. 61.41% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, StockNews.com lowered DLH from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, December 7th.DLH Company Profile
(Get Rating)
DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. The company offers defense and veterans' health solutions, including healthcare, technology, and logistics solutions to the VA, Defense Health Agency, Tele-medicine and Advanced Technology Research Center, Navy Bureau of Medicine and Surgery, and the Army Medical Research and Material Command.
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