Short Interest in Streamline Health Solutions, Inc. (NASDAQ:STRM) Declines By 21.9%

Streamline Health Solutions, Inc. (NASDAQ:STRM) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 21,800 shares, a decline of 21.9% from the January 31st total of 27,900 shares. Based on an average daily volume of 29,800 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Streamline Health Solutions in a research note on Sunday. They issued a “sell” rating on the stock.

Streamline Health Solutions Trading Down 5.4 %

Streamline Health Solutions stock opened at $3.49 on Tuesday. Streamline Health Solutions has a 52-week low of $1.85 and a 52-week high of $9.75. The company has a market cap of $14.91 million, a P/E ratio of -1.45 and a beta of 1.55. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.72. The business has a 50-day simple moving average of $3.75 and a two-hundred day simple moving average of $3.84.

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

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.