DLH Holdings Corp. (NASDAQ:DLHC) Short Interest Down 20.6% in February

DLH Holdings Corp. (NASDAQ:DLHC) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 53,757 shares, a decrease of 20.6% from the February 12th total of 67,720 shares. Based on an average trading volume of 13,851 shares, the short-interest ratio is presently 3.9 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 13,851 shares, the short-interest ratio is presently 3.9 days.

DLH Price Performance

Shares of NASDAQ:DLHC traded up $0.01 during midday trading on Tuesday, hitting $5.77. The stock had a trading volume of 9,162 shares, compared to its average volume of 10,060. The company’s 50-day moving average price is $5.78 and its 200-day moving average price is $5.77. DLH has a fifty-two week low of $2.72 and a fifty-two week high of $8.10. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $83.61 million, a P/E ratio of -82.42 and a beta of 1.59.

DLH (NASDAQ:DLHC) last posted its quarterly earnings results on Monday, February 9th. The business services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.02). DLH had a negative return on equity of 0.95% and a negative net margin of 0.33%.The firm had revenue of $68.89 million for the quarter, compared to analyst estimates of $70.15 million. As a group, equities research analysts predict that DLH will post -0.13 EPS for the current fiscal year.

Insider Buying and Selling

In other DLH news, major shareholder Mink Brook Asset Management Ll acquired 44,208 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was acquired at an average price of $5.50 per share, for a total transaction of $243,144.00. Following the purchase, the insider directly owned 1,931,447 shares of the company’s stock, valued at $10,622,958.50. This trade represents a 2.34% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have bought 95,956 shares of company stock worth $527,758 over the last 90 days. 12.80% of the stock is currently owned by company insiders.

Institutional Trading of DLH

Several large investors have recently bought and sold shares of the business. Mink Brook Asset Management LLC grew its holdings in shares of DLH by 2.3% during the 4th quarter. Mink Brook Asset Management LLC now owns 2,625,847 shares of the business services provider’s stock valued at $14,836,000 after purchasing an additional 59,498 shares during the last quarter. Minerva Advisors LLC boosted its position in DLH by 0.5% in the third quarter. Minerva Advisors LLC now owns 1,116,802 shares of the business services provider’s stock valued at $6,310,000 after buying an additional 6,059 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of DLH by 1.2% during the third quarter. Vanguard Group Inc. now owns 494,618 shares of the business services provider’s stock worth $2,795,000 after buying an additional 5,735 shares during the last quarter. RBF Capital LLC bought a new stake in shares of DLH during the second quarter worth $1,314,000. Finally, Rothschild Wealth LLC acquired a new position in DLH in the 4th quarter worth about $928,000. 67.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on DLHC shares. Zacks Research downgraded shares of DLH from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 17th. Weiss Ratings restated a “sell (d)” rating on shares of DLH in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

DLH Company Profile

DLH Holdings Corp. (NASDAQ: DLHC) is a provider of mission-driven professional services primarily to federal government agencies and select commercial clients. The company designs and delivers tailored solutions across a range of critical mission areas, including program and project management, consulting, technical assistance, and administrative support. Through its Healthcare Solutions offerings, DLH also specializes in supporting clinical and allied health staffing needs for federal health agencies and health systems.

Operating under its Federal Solutions segment, DLH partners with agencies such as the Department of Veterans Affairs, Department of Defense, Department of Homeland Security, and the Department of Health and Human Services.