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

Streamline Health Solutions, Inc. (NASDAQ:STRM) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 32,500 shares, a growth of 49.1% from the February 13th total of 21,800 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 26,100 shares, the short-interest ratio is currently 1.2 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Streamline Health Solutions in a report on Monday, March 10th. They issued a “sell” rating for the company.

Streamline Health Solutions Stock Performance

Streamline Health Solutions stock traded down $0.07 during mid-day trading on Friday, reaching $3.07. 2,265 shares of the company were exchanged, compared to its average volume of 22,034. The firm’s 50-day simple moving average is $3.68 and its two-hundred day simple moving average is $3.59. Streamline Health Solutions has a twelve month low of $1.85 and a twelve month high of $9.75. The firm has a market cap of $13.12 million, a PE ratio of -1.27 and a beta of 1.77. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.46 and a current ratio of 0.46.

Streamline Health Solutions (NASDAQ:STRM) last issued its quarterly earnings results 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%.

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.