Short Interest in Syra Health Corp. (NASDAQ:SYRA) Decreases By 16.4%

Syra Health Corp. (NASDAQ:SYRA) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 728,200 shares, a drop of 16.4% from the February 28th total of 870,700 shares. Based on an average trading volume of 2,110,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 7.5% of the shares of the company are short sold.

Syra Health Price Performance

Shares of SYRA opened at $0.18 on Thursday. The company has a market cap of $2.01 million, a PE ratio of -0.27 and a beta of 3.20. The firm has a 50-day moving average of $0.39 and a 200-day moving average of $0.41. Syra Health has a one year low of $0.13 and a one year high of $2.27.

Syra Health (NASDAQ:SYRA) last posted its quarterly earnings results on Tuesday, March 11th. The company reported ($0.05) EPS for the quarter. The business had revenue of $2.00 million for the quarter, compared to the consensus estimate of $2.01 million. Syra Health had a negative return on equity of 131.94% and a negative net margin of 54.90%. Analysts expect that Syra Health will post -0.53 earnings per share for the current year.

Syra Health Company Profile

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.