Streamline Health Solutions, Inc. (NASDAQ:STRM) Short Interest Update

Streamline Health Solutions, Inc. (NASDAQ:STRM) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 21,800 shares, a decline of 21.9% from the January 31st total of 27,900 shares. Based on an average daily volume of 29,800 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.7% of the company’s stock are sold short.

Streamline Health Solutions Price Performance

STRM stock opened at $3.49 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $14.91 million, a price-to-earnings ratio of -1.45 and a beta of 1.55. The firm has a 50 day moving average price of $3.75 and a 200-day moving average price of $3.84. Streamline Health Solutions has a 52-week low of $1.85 and a 52-week high of $9.75.

Streamline Health Solutions (NASDAQ:STRM) last announced its quarterly earnings data on Monday, December 16th. The company reported ($0.61) earnings per share for the quarter. Streamline Health Solutions had a negative return on equity of 56.96% and a negative net margin of 50.51%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Streamline Health Solutions in a research report on Sunday. They set a “sell” rating for the company.

Streamline Health Solutions Company Profile

Streamline Health Solutions, Inc offers health information technology solutions and associated services for hospitals and health systems in the United States and Canada. The company offers RevID, an automated revenue reconciliation software; eValuator, a coding analysis platform; data comparison engine; coding and clinical documentation improvement (CDI) solutions, including CDI, abstracting, and physician query; and financial management solutions, such as accounts receivable management, denials management, claims processing, spend management, and audit management.