Bridgeline Digital, Inc. (NASDAQ:BLIN) Short Interest Update

Bridgeline Digital, Inc. (NASDAQ:BLIN) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 31,500 shares, an increase of 16.2% from the November 30th total of 27,100 shares. Based on an average trading volume of 93,000 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BLIN. StockNews.com initiated coverage on Bridgeline Digital in a report on Wednesday, December 25th. They issued a “hold” rating on the stock. Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th.

Bridgeline Digital Price Performance

NASDAQ:BLIN traded down $0.16 during trading hours on Tuesday, hitting $1.58. 116,520 shares of the stock traded hands, compared to its average volume of 60,661. The company has a market cap of $16.46 million, a price-to-earnings ratio of -1.72 and a beta of 1.95. Bridgeline Digital has a 1 year low of $0.75 and a 1 year high of $1.95. The stock has a 50 day moving average price of $1.22 and a 200 day moving average price of $1.08. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.

Bridgeline Digital (NASDAQ:BLIN) last released its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. During the same quarter in the previous year, the business posted ($0.02) EPS. Sell-side analysts forecast that Bridgeline Digital will post -0.2 EPS for the current fiscal year.

About Bridgeline Digital

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.