Short Interest in Streamline Health Solutions, Inc. (NASDAQ:STRM) Expands By 49.1%

Streamline Health Solutions, Inc. (NASDAQ:STRM) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 32,500 shares, a growth of 49.1% from the February 13th total of 21,800 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 26,100 shares, the short-interest ratio is currently 1.2 days.

Streamline Health Solutions Price Performance

STRM traded down $0.07 on Friday, hitting $3.07. 2,265 shares of the company were exchanged, compared to its average volume of 22,034. Streamline Health Solutions has a fifty-two week low of $1.85 and a fifty-two week high of $9.75. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $13.12 million, a P/E ratio of -1.27 and a beta of 1.77. The business’s fifty day moving average is $3.68 and its 200 day moving average is $3.59.

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%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Streamline Health Solutions in a report on Monday, March 10th. They issued a “sell” rating for the company.

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.