Syra Health Corp. (NASDAQ:SYRA) Sees Large Decline in Short Interest

Syra Health Corp. (NASDAQ:SYRAGet Free Report) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 240,100 shares, a decrease of 52.2% from the November 30th total of 502,000 shares. Currently, 3.2% of the shares of the company are short sold. Based on an average trading volume of 171,700 shares, the days-to-cover ratio is currently 1.4 days.

Syra Health Stock Up 15.7 %

Shares of Syra Health stock traded up $0.06 during trading hours on Friday, reaching $0.45. 486,080 shares of the stock traded hands, compared to its average volume of 708,125. Syra Health has a one year low of $0.34 and a one year high of $8.37. The firm has a market capitalization of $4.39 million, a price-to-earnings ratio of -0.69 and a beta of 3.61. The company has a 50 day moving average price of $0.41 and a 200 day moving average price of $0.81.

Syra Health (NASDAQ:SYRAGet Free Report) last announced its earnings results on Tuesday, October 29th. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.15. The business had revenue of $2.25 million during the quarter, compared to analysts’ expectations of $1.99 million. Syra Health had a negative net margin of 54.90% and a negative return on equity of 131.94%. During the same period in the prior year, the company earned ($0.08) earnings per share. Sell-side analysts anticipate that Syra Health will post -0.53 earnings per share for the current year.

Syra Health Company Profile

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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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