Short Interest in Syra Health Corp. (NASDAQ:SYRA) Decreases By 52.2%

Syra Health Corp. (NASDAQ:SYRAGet Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 240,100 shares, a drop of 52.2% from the November 30th total of 502,000 shares. Currently, 3.2% of the company’s shares are short sold. Based on an average daily trading volume, of 171,700 shares, the days-to-cover ratio is currently 1.4 days.

Syra Health Trading Up 15.7 %

Shares of SYRA stock traded up $0.06 during trading hours on Friday, reaching $0.45. The company’s stock had a trading volume of 486,080 shares, compared to its average volume of 708,125. Syra Health has a one year low of $0.34 and a one year high of $8.37. The stock has a market capitalization of $4.39 million, a P/E ratio of -0.69 and a beta of 3.61. The firm’s fifty day simple moving average is $0.41 and its 200 day simple moving average is $0.80.

Syra Health (NASDAQ:SYRAGet Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.15. The company had revenue of $2.25 million during the quarter, compared to analyst estimates of $1.99 million. Syra Health had a negative return on equity of 131.94% and a negative net margin of 54.90%. During the same quarter last year, the firm posted ($0.08) earnings per share. As a group, equities research analysts forecast that Syra Health will post -0.53 earnings per share for the current fiscal year.

Syra Health Company Profile

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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.

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