Research Solutions Inc. (NASDAQ:RSSS) Short Interest Update

Research Solutions Inc. (NASDAQ:RSSS) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 18,191 shares, a growth of 27.6% from the February 26th total of 14,258 shares. Based on an average trading volume of 42,486 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Analyst Ratings Changes

RSSS has been the subject of several analyst reports. Weiss Ratings upgraded shares of Research Solutions from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. Zacks Research downgraded shares of Research Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Wall Street Zen raised shares of Research Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. Finally, Maxim Group set a $5.00 target price on Research Solutions in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5.00.

Institutional Trading of Research Solutions

Institutional investors and hedge funds have recently modified their holdings of the stock. XTX Topco Ltd purchased a new stake in shares of Research Solutions in the fourth quarter valued at approximately $65,000. NewEdge Advisors LLC purchased a new position in Research Solutions during the 1st quarter worth $71,000. Jane Street Group LLC raised its position in Research Solutions by 148.6% during the 4th quarter. Jane Street Group LLC now owns 25,826 shares of the company’s stock valued at $76,000 after purchasing an additional 15,438 shares in the last quarter. Topline Capital Management LLC bought a new stake in Research Solutions during the 2nd quarter valued at $125,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Research Solutions by 18.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 42,979 shares of the company’s stock worth $126,000 after buying an additional 6,729 shares during the period. Institutional investors own 33.60% of the company’s stock.

Research Solutions Stock Performance

Shares of RSSS opened at $2.35 on Monday. The firm has a fifty day moving average price of $2.51 and a 200-day moving average price of $2.94. The firm has a market capitalization of $77.33 million, a P/E ratio of 19.58 and a beta of 0.81. Research Solutions has a 12-month low of $2.15 and a 12-month high of $4.12.

Research Solutions (NASDAQ:RSSS) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Research Solutions had a return on equity of 26.71% and a net margin of 7.87%.The company had revenue of $11.79 million during the quarter, compared to analysts’ expectations of $12.16 million. Analysts predict that Research Solutions will post 0.05 earnings per share for the current year.

About Research Solutions

Research Solutions, Inc (NASDAQ:RSSS) is a provider of software and managed services that streamline access to and management of scientific, technical and medical research. The company’s flagship platform automates the acquisition, licensing and delivery of journal articles, conference proceedings and other pay-walled content, enabling institutions to reduce administrative overhead and control subscription costs.

Key offerings include self-service workflows for document requests, enterprise-grade managed services for high-volume users, and analytics tools that deliver detailed reporting on spend, usage patterns and supplier performance.