Polar Asset Management Partners Inc. Sells 61,702 Shares of DIH Holding US, Inc. (NASDAQ:DHAI)

Polar Asset Management Partners Inc. lowered its stake in shares of DIH Holding US, Inc. (NASDAQ:DHAI) by 46.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,206 shares of the company’s stock after selling 61,702 shares during the quarter. Polar Asset Management Partners Inc. owned about 0.18% of DIH Holding US worth $100,000 at the end of the most recent reporting period.

DIH Holding US Stock Performance

NASDAQ:DHAI opened at $0.22 on Friday. The firm’s 50-day moving average is $0.21 and its 200-day moving average is $0.78. DIH Holding US, Inc. has a 52-week low of $0.12 and a 52-week high of $3.67. The company has a market cap of $10.38 million, a price-to-earnings ratio of -0.73 and a beta of -0.14.

DIH Holding US (NASDAQ:DHAI) last posted its quarterly earnings results on Friday, February 14th. The company reported ($0.11) EPS for the quarter. DIH Holding US had a negative net margin of 13.59% and a negative return on equity of 5.07%. The firm had revenue of $15.09 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.