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

Syra Health Corp. (NASDAQ:SYRA) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 166,600 shares, a drop of 20.0% from the October 15th total of 208,200 shares. Currently, 2.2% of the company’s stock are sold short. Based on an average daily trading volume, of 213,500 shares, the days-to-cover ratio is presently 0.8 days.

Syra Health Price Performance

Shares of NASDAQ:SYRA traded down $0.02 during midday trading on Friday, reaching $0.36. The company had a trading volume of 221,373 shares, compared to its average volume of 172,663. The stock has a market capitalization of $3.48 million and a P/E ratio of -0.55. The stock’s fifty day moving average price is $0.44 and its 200-day moving average price is $1.02. Syra Health has a one year low of $0.34 and a one year high of $8.37.

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