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

Streamline Health Solutions, Inc. (NASDAQ:STRM) saw a large decline in short interest in 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 days-to-cover ratio is presently 0.7 days. Currently, 0.7% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

Streamline Health Solutions Price Performance

Shares of NASDAQ STRM opened at $3.25 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.46 and a current ratio of 0.46. Streamline Health Solutions has a one year low of $1.85 and a one year high of $9.75. The firm has a market capitalization of $13.89 million, a P/E ratio of -1.35 and a beta of 1.55. The company’s fifty day moving average is $3.75 and its two-hundred day moving average is $3.79.

Streamline Health Solutions (NASDAQ:STRM) last released its quarterly earnings data on Monday, December 16th. The company reported ($0.61) EPS 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.