Short Interest in Streamline Health Solutions, Inc. (NASDAQ:STRM) Expands By 31.5%

Streamline Health Solutions, Inc. (NASDAQ:STRM) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 25,900 shares, an increase of 31.5% from the November 30th total of 19,700 shares. Based on an average daily trading volume, of 54,700 shares, the short-interest ratio is currently 0.5 days. Currently, 0.8% of the company’s stock are short sold.

Streamline Health Solutions Stock Performance

Shares of STRM stock traded up $0.05 during trading on Friday, reaching $3.68. 23,520 shares of the company’s stock were exchanged, compared to its average volume of 20,254. Streamline Health Solutions has a twelve month low of $1.85 and a twelve month high of $9.75. The firm’s fifty day moving average price is $2.87 and its 200-day moving average price is $5.01. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $15.72 million, a PE ratio of -0.74 and a beta of 1.67.

Streamline Health Solutions (NASDAQ:STRM) last released its quarterly earnings data on Monday, December 16th. The company reported ($0.61) EPS for the quarter. Streamline Health Solutions had a negative net margin of 92.72% and a negative return on equity of 44.85%.

Analyst Ratings Changes

A number of research analysts have recently commented on STRM shares. StockNews.com assumed coverage on shares of Streamline Health Solutions in a research report on Saturday. They issued a “sell” rating for the company. Craig Hallum raised Streamline Health Solutions to a “strong-buy” rating in a research report on Thursday, September 5th.

About Streamline Health Solutions

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.