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

Syra Health Corp. (NASDAQ:SYRA) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 123,200 shares, a decline of 48.7% from the December 31st total of 240,100 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average trading volume of 1,580,000 shares, the days-to-cover ratio is currently 0.1 days.

Syra Health Stock Performance

Shares of NASDAQ SYRA traded up $0.05 during midday trading on Wednesday, hitting $0.55. The company’s stock had a trading volume of 229,251 shares, compared to its average volume of 5,404,131. Syra Health has a 1-year low of $0.34 and a 1-year high of $8.37. The firm’s fifty day moving average price is $0.44 and its 200-day moving average price is $0.66. The firm has a market cap of $5.35 million, a P/E ratio of -0.84 and a beta of 3.12.

Syra Health (NASDAQ:SYRA) last released its earnings results on Tuesday, October 29th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.15. Syra Health had a negative return on equity of 131.94% and a negative net margin of 54.90%. The company had revenue of $2.25 million for the quarter, compared to analysts’ expectations of $1.99 million. During the same quarter in the previous year, the business posted ($0.08) EPS. As a group, research analysts predict that Syra Health will post -0.53 earnings per share for the current fiscal year.

About Syra Health

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.