Hill International Inc (NYSE:HIL) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 402,700 shares, an increase of 8.5% from the April 30th total of 371,000 shares. Based on an average daily trading volume, of 124,400 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.9% of the company’s stock are sold short.
Shares of NYSE:HIL remained flat at $$2.52 during trading on Friday. The stock had a trading volume of 43,368 shares, compared to its average volume of 89,354. The business has a fifty day moving average of $2.68. Hill International has a 1-year low of $2.11 and a 1-year high of $4.40. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.52 and a current ratio of 1.52.
Hill International (NYSE:HIL) last announced its quarterly earnings data on Wednesday, May 8th. The business services provider reported ($0.04) earnings per share for the quarter. Hill International had a negative return on equity of 25.57% and a negative net margin of 6.15%. The business had revenue of $98.68 million for the quarter.
In other news, Director James M. Chadwick acquired 225,581 shares of Hill International stock in a transaction on Thursday, May 16th. The stock was bought at an average price of $2.29 per share, for a total transaction of $516,580.49. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James M. Chadwick acquired 107,914 shares of Hill International stock in a transaction on Friday, June 28th. The stock was purchased at an average price of $2.70 per share, with a total value of $291,367.80. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 898,879 shares of company stock valued at $2,246,105. Corporate insiders own 13.08% of the company’s stock.
A number of institutional investors have recently bought and sold shares of HIL. Dimensional Fund Advisors LP acquired a new stake in Hill International in the fourth quarter valued at $5,816,000. 22NW LP lifted its position in shares of Hill International by 36.5% in the fourth quarter. 22NW LP now owns 2,408,844 shares of the business services provider’s stock valued at $7,419,000 after acquiring an additional 644,686 shares in the last quarter. Kokino LLC purchased a new stake in shares of Hill International in the fourth quarter valued at $854,000. Adirondack Research & Management Inc. purchased a new stake in shares of Hill International in the first quarter valued at $775,000. Finally, Rutabaga Capital Management LLC MA lifted its position in shares of Hill International by 49.3% in the first quarter. Rutabaga Capital Management LLC MA now owns 792,200 shares of the business services provider’s stock valued at $2,313,000 after acquiring an additional 261,700 shares in the last quarter. 52.51% of the stock is currently owned by institutional investors.
Hill International Company Profile
Hill International, Inc provides project and construction management, and other consulting services primarily for the buildings, transportation, environmental, energy, and industrial markets. The company offers program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, and labor compliance and facilities management services.
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