Short Interest in Streamline Health Solutions, Inc. (NASDAQ:STRM) Expands By 31.5%

Streamline Health Solutions, Inc. (NASDAQ:STRM) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 25,900 shares, an increase of 31.5% from the November 30th total of 19,700 shares. Based on an average trading volume of 54,700 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.8% of the company’s stock are sold short.

Streamline Health Solutions Stock Up 1.4 %

STRM stock traded up $0.05 during mid-day trading on Friday, hitting $3.68. 23,520 shares of the company were exchanged, compared to its average volume of 20,254. The firm has a fifty day simple moving average of $2.87 and a 200 day simple moving average of $4.98. The company has a market capitalization of $15.72 million, a PE ratio of -0.74 and a beta of 1.67. Streamline Health Solutions has a twelve month low of $1.85 and a twelve month high of $9.75. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66.

Streamline Health Solutions (NASDAQ:STRM) last posted its quarterly earnings results on Monday, December 16th. The company reported ($0.61) EPS for the quarter. Streamline Health Solutions had a negative return on equity of 44.85% and a negative net margin of 92.72%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on STRM shares. Craig Hallum raised Streamline Health Solutions to a “strong-buy” rating in a report on Thursday, September 5th. StockNews.com initiated coverage on Streamline Health Solutions in a research note on Saturday. They set a “sell” rating for the company.

Streamline Health Solutions Company Profile

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.