Streamline Health Solutions, Inc. (NASDAQ:STRM) Short Interest Down 65.2% in May

Streamline Health Solutions, Inc. (NASDAQ:STRMGet Rating) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 14,100 shares, a decline of 65.2% from the April 30th total of 40,500 shares. Based on an average daily trading volume, of 41,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Streamline Health Solutions Stock Up 0.6 %

STRM traded up $0.01 on Friday, reaching $1.55. The company’s stock had a trading volume of 1,719 shares, compared to its average volume of 51,598. The stock has a 50 day moving average of $1.71 and a two-hundred day moving average of $1.80. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $90.85 million, a price-to-earnings ratio of -6.44 and a beta of 1.29. Streamline Health Solutions has a fifty-two week low of $1.04 and a fifty-two week high of $2.35.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Streamline Health Solutions in a research report on Wednesday. They set a “sell” rating for the company.

Hedge Funds Weigh In On Streamline Health Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tamarack Advisers LP acquired a new position in Streamline Health Solutions in the third quarter valued at approximately $5,868,000. Thompson Davis & CO. Inc. acquired a new position in Streamline Health Solutions in the third quarter valued at approximately $38,000. Cetera Investment Advisers acquired a new position in Streamline Health Solutions in the fourth quarter valued at approximately $63,000. Dimensional Fund Advisors LP acquired a new position in Streamline Health Solutions in the first quarter valued at approximately $56,000. Finally, Morgan Stanley boosted its holdings in Streamline Health Solutions by 3,400,000.0% in the fourth quarter. Morgan Stanley now owns 34,001 shares of the company’s stock valued at $54,000 after purchasing an additional 34,000 shares in the last quarter. 41.31% of the stock is owned by institutional investors and hedge funds.

About Streamline Health Solutions

(Get Rating)

Streamline Health Solutions, Inc engages in the provision of transformational data-driven solutions for healthcare organizations. Its solutions include Health Information Management (HIM), Coding and CDI, evaluator coding analysis platforms, financial management, and patient care. It also offers audit, custom integration, training, electronic image conversion, and database monitoring services.

Read More

Receive News & Ratings for Streamline Health Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Streamline Health Solutions and related companies with MarketBeat.com's FREE daily email newsletter.