Bridgeline Digital, Inc. (NASDAQ:BLIN) Sees Large Increase in Short Interest

Posted by Jessica Moore on Jan 30th, 2025

Bridgeline Digital, Inc. (NASDAQ:BLIN – Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 41,900 shares, a growth of 33.0% from the December 31st total of 31,500 shares. Based on an average daily volume of 166,200 shares, the short-interest ratio is currently 0.3 days.

Bridgeline Digital Price Performance

BLIN remained flat at $1.81 during trading on Thursday. 92,215 shares of the company’s stock were exchanged, compared to its average volume of 279,998. Bridgeline Digital has a 12 month low of $0.75 and a 12 month high of $2.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $18.86 million, a PE ratio of -9.53 and a beta of 1.86. The stock has a 50-day moving average of $1.51 and a two-hundred day moving average of $1.21.

Bridgeline Digital (NASDAQ:BLIN – Get Free Report) last posted its quarterly earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same quarter last year, the firm posted ($0.02) earnings per share. Equities analysts forecast that Bridgeline Digital will post -0.15 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. StockNews.com assumed coverage on shares of Bridgeline Digital in a research report on Sunday. They set a “hold” rating for the company. Westpark Capital reissued a “hold” rating on shares of Bridgeline Digital in a research report on Tuesday, December 24th.

Check Out Our Latest Stock Report on Bridgeline Digital

About Bridgeline Digital

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Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.