Syra Health Corp. (NASDAQ:SYRA) Short Interest Update

Syra Health Corp. (NASDAQ:SYRA) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 123,200 shares, a drop of 48.7% from the December 15th total of 240,100 shares. Based on an average trading volume of 1,580,000 shares, the short-interest ratio is currently 0.1 days. Approximately 1.7% of the company’s shares are sold short.

Syra Health Price Performance

Shares of Syra Health stock traded down $0.04 during trading on Tuesday, hitting $0.48. The company’s stock had a trading volume of 182,114 shares, compared to its average volume of 11,606,700. The stock has a market cap of $4.69 million, a price-to-earnings ratio of -0.74 and a beta of 3.12. Syra Health has a 52 week low of $0.34 and a 52 week high of $8.37. The stock has a 50-day moving average price of $0.42 and a two-hundred day moving average price of $0.72.

Syra Health (NASDAQ:SYRA) last announced its earnings results on Tuesday, October 29th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.21) by $0.15. Syra Health had a negative return on equity of 131.94% and a negative net margin of 54.90%. The business had revenue of $2.25 million for the quarter, compared to analysts’ expectations of $1.99 million. During the same period in the prior year, the business posted ($0.08) earnings per share. On average, equities analysts predict that Syra Health will post -0.53 EPS for the current fiscal year.

Syra Health Company Profile

Syra Health Corp., a healthcare services company, provides health education, population health management, behavioral and mental health, healthcare workforce, and digital health services in the United States. It offers health education services, including medical communications, patient education, and healthcare training; and population health management services, such as analytics as a service, epidemiology, and health equity analytics solutions.