Syra Health Corp. (NASDAQ:SYRA) Short Interest Update

by · The Cerbat Gem

Syra Health Corp. (NASDAQ:SYRA – Get Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 870,700 shares, a decrease of 43.8% from the February 13th total of 1,550,000 shares. Based on an average daily trading volume, of 2,100,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 8.9% of the company’s stock are short sold.

Syra Health Price Performance

Shares of NASDAQ SYRA opened at $0.36 on Friday. The business has a 50-day moving average of $0.45 and a two-hundred day moving average of $0.47. The company has a market capitalization of $4.06 million, a price-to-earnings ratio of -0.55 and a beta of 3.20. Syra Health has a 1 year low of $0.32 and a 1 year high of $2.27.

Syra Health (NASDAQ:SYRA – Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $2.00 million for the quarter, compared to analysts’ expectations of $2.01 million. Syra Health had a negative return on equity of 131.94% and a negative net margin of 54.90%. As a group, equities research analysts expect that Syra Health will post -0.53 earnings per share for the current year.

About Syra Health

(Get Free Report)

Syra Health Corp., a healthcare services company, provides health education, population health management, behavioral and mental health, healthcare workforce, and digital health services in the United States. It offers health education services, including medical communications, patient education, and healthcare training; and population health management services, such as analytics as a service, epidemiology, and health equity analytics solutions.

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