Short Interest in Bridgeline Digital, Inc. (NASDAQ:BLIN) Decreases By 27.2%

Bridgeline Digital, Inc. (NASDAQ:BLIN) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 27,100 shares, a decline of 27.2% from the November 15th total of 37,200 shares. Based on an average trading volume of 44,500 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Bridgeline Digital in a research report on Monday, December 9th. They set a “hold” rating for the company.

Bridgeline Digital Trading Up 1.1 %

BLIN stock traded up $0.02 during midday trading on Friday, hitting $1.33. The stock had a trading volume of 123,738 shares, compared to its average volume of 46,723. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average price of $1.16 and a two-hundred day moving average price of $1.06. Bridgeline Digital has a 1-year low of $0.75 and a 1-year high of $1.48. The firm has a market cap of $14.06 million, a P/E ratio of -1.45 and a beta of 1.95.

About Bridgeline Digital

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.