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

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

Syra Health Stock Down 4.1 %

Shares of Syra Health stock traded down $0.02 during trading hours on Friday, hitting $0.36. The company’s stock had a trading volume of 221,373 shares, compared to its average volume of 172,663. The business has a fifty day moving average of $0.44 and a 200 day moving average of $1.02. Syra Health has a 1-year low of $0.34 and a 1-year high of $8.37. The company has a market capitalization of $3.48 million and a PE ratio of -0.55.

Syra Health (NASDAQ:SYRA) last released its quarterly earnings data on Tuesday, October 29th. The company reported ($0.06) EPS 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 analyst estimates of $1.99 million. During the same period last year, the company posted ($0.08) earnings per share. On average, sell-side analysts anticipate 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.