Streamline Health Solutions, Inc. (NASDAQ:STRM) Short Interest Up 49.1% in February

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

Streamline Health Solutions Price Performance

Shares of STRM stock traded down $0.07 during trading hours on Friday, hitting $3.07. The company’s stock had a trading volume of 2,265 shares, compared to its average volume of 22,084. Streamline Health Solutions has a twelve month low of $1.85 and a twelve month high of $9.75. The business has a fifty day moving average of $3.66 and a 200-day moving average of $3.52. The stock has a market cap of $13.12 million, a price-to-earnings ratio of -1.27 and a beta of 1.77. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.72.

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

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Streamline Health Solutions in a research note on Monday, March 10th. They issued a “sell” rating on the stock.

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.