Bridgeline Digital, Inc. (NASDAQ:BLIN) Sees Large Increase in Short Interest

Bridgeline Digital, Inc. (NASDAQ:BLIN) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 41,900 shares, a growth of 33.0% from the December 31st total of 31,500 shares. Based on an average daily trading volume, of 166,200 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Several research firms recently commented on BLIN. StockNews.com began coverage on shares of Bridgeline Digital in a research note on Sunday. They issued a “hold” rating on the stock. Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th.

Bridgeline Digital Stock Performance

Bridgeline Digital stock remained flat at $1.81 during midday trading on Thursday. 92,215 shares of the company’s stock traded hands, compared to its average volume of 279,998. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.02. Bridgeline Digital has a one year low of $0.75 and a one year high of $2.80. The business’s 50 day moving average price is $1.51 and its 200-day moving average price is $1.21. The firm has a market cap of $18.86 million, a P/E ratio of -9.53 and a beta of 1.86.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same quarter in the previous year, the business posted ($0.02) EPS. As a group, equities analysts expect that Bridgeline Digital will post -0.15 earnings per share for the current year.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.