The stock is trading at $5.30 which is marginally over $4.94, the 50 day moving average and a great deal higher than the 200 day moving average of $4.80. The 50 day moving average was up by +7.19% and the 200 day average went up $0.50 or +10.51%. 226K shares changed hands in the last trading session. Shares saw a steep increase in trading volume of 31.83% over the normal average daily volume.
Short traders are feeling a little more bullish on Hill International, Inc. lately if you consider the motion in short interest. The stock saw a fall in short interest between September 29, 2017 and October 13, 2017 of -6.42%. Short interest decreased from 996,312 to 932,316 over that timeframe. The days to cover decreased to 9.0 and the percentage of shorted shares was 0.02% on October 13.
Here are a few substantial investment firms who have updated their positions. Tappan Street Partners LLC grew its position by buying 341,530 shares an increase of 61.2% as of 06/30/2017. Tappan Street Partners LLC now controls 900,000 shares with a value of $4,680,000. The value of the position overall is up by 101.9%. As of quarter end Cutler Group LP had acquired 5,060 shares growing its position 506.0%. The value of the investment in (HIL) increased from $0 to $28,000 increasing inf% for the reporting period.
As of the end of the quarter Creative Planning had bought a total of 114,712 shares growing its stake by 1,349.6%. The value in dollars went from $44,000 to $585,000 a change of 1,229.5% quarter to quarter. Thomson Horstmann & Bryant Inc divested its investment by selling 221,732 shares a decrease of 10.5%. Thomson Horstmann & Bryant Inc controls 1,889,776 shares worth $8,976,000. The total value of its holdings decreased 18.2%.
In the last earnings report the EPS was $-0.54 and is expected to be $0.09 for the current year with 51,878,000 shares presently outstanding. Next quarter’s EPS is expected be $0.04 with next year’s EPS anticipated to be $0.34.
Hill International, Inc., launched on April 2, 2004, is a professional services firm. The Company provides program management, project management, construction management and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets worldwide. It operates in Project Management Group segment. Its clients include the United States federal government, the United States state and local governments, foreign governments and the private sector..