Syra Health Corp. (NASDAQ:SYRA) Sees Significant Increase in Short Interest

Syra Health Corp. (NASDAQ:SYRA) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 339,500 shares, an increase of 26.3% from the May 15th total of 268,700 shares. Approximately 7.2% of the shares of the stock are short sold. Based on an average trading volume of 439,800 shares, the days-to-cover ratio is presently 0.8 days.

Syra Health Stock Performance

SYRA traded down $0.02 on Friday, reaching $1.49. 64,997 shares of the company’s stock were exchanged, compared to its average volume of 112,493. Syra Health has a twelve month low of $0.81 and a twelve month high of $8.37. The stock’s fifty day moving average price is $1.37 and its 200-day moving average price is $1.44.

Syra Health (NASDAQ:SYRA) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $1.75 million during the quarter. As a group, sell-side analysts expect that Syra Health will post -0.76 EPS for the current fiscal year.

Syra Health Company Profile

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.