Can Streamline Health Solutions Incorporated (NASDAQ:STRM)’s Tomorrow Be Different? The Stock Had Decline in Shorts

January 7, 2018 - By Louis Casey

 Can Streamline Health Solutions Incorporated (NASDAQ:STRM)’s Tomorrow Be Different? The Stock Had Decline in Shorts

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.14, from 0.75 in 2017Q2. It improved, as 6 investors sold Streamline Health Solutions, Inc. shares while 3 reduced holdings. 2 funds opened positions while 6 raised stakes. 5.87 million shares or 5.13% less from 6.19 million shares in 2017Q2 were reported.
28,600 are held by California Pub Employees Retirement Systems. Lifeplan Gp has invested 0.11% in Streamline Health Solutions, Inc. (NASDAQ:STRM). Deutsche State Bank Ag holds 0% in Streamline Health Solutions, Inc. (NASDAQ:STRM) or 40,683 shares. Vanguard Group stated it has 0% of its portfolio in Streamline Health Solutions, Inc. (NASDAQ:STRM). Renaissance Techs Lc invested 0% of its portfolio in Streamline Health Solutions, Inc. (NASDAQ:STRM). First Manhattan Communication accumulated 529 shares or 0% of the stock. Johnson Inv Counsel holds 0.01% or 134,022 shares. Geode Capital Mngmt Lc reported 0% of its portfolio in Streamline Health Solutions, Inc. (NASDAQ:STRM). Blackrock has invested 0% in Streamline Health Solutions, Inc. (NASDAQ:STRM). Kennedy Mngmt reported 584,882 shares or 0.02% of all its holdings. Acadian Asset Llc owns 9,832 shares. Brandes Inv Prns Lp has invested 0% in Streamline Health Solutions, Inc. (NASDAQ:STRM). Nantahala Capital Mngmt reported 1.76M shares. Palisade Cap Ltd Liability Co Nj owns 105,551 shares or 0.01% of their US portfolio. Raymond James Services, a Florida-based fund reported 46,430 shares.

The stock of Streamline Health Solutions Incorporated (NASDAQ:STRM) registered a decrease of 34.5% in short interest. STRM’s total short interest was 125,500 shares in January as published by FINRA. Its down 34.5% from 191,600 shares, reported previously. With 68,700 shares average volume, it will take short sellers 2 days to cover their STRM’s short positions. The short interest to Streamline Health Solutions Incorporated’s float is 1.05%.

The stock increased 3.47% or $0.06 during the last trading session, reaching $1.79. About 150,986 shares traded. Streamline Health Solutions, Inc. (NASDAQ:STRM) has risen 7.69% since January 7, 2017 and is uptrending. It has underperformed by 9.01% the S&P500.

Streamline Health Solutions, Inc. provides health information technology solutions and services for hospitals and health systems in the United States and Canada. The company has market cap of $34.24 million. It offers computer software solutions through its Looking Glass platform, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights to its clients. It currently has negative earnings. The firm also provides patient care solutions that enable healthcare providers to enhance their patient care through individual workflows comprising clinical analytics, operating room management, physician portal, and care coordination; and health information management, coding, and clinical documentation improvement solutions, which include Web software solutions, such as content management, release of information, computer-assisted coding, CDI, abstracting, and physician query.

Streamline Health Solutions, Inc. (NASDAQ:STRM) Ratings Coverage

Among 2 analysts covering Streamline Health (NASDAQ:STRM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Streamline Health had 3 analyst reports since September 4, 2015 according to SRatingsIntel. Lake Street downgraded Streamline Health Solutions, Inc. (NASDAQ:STRM) on Monday, April 25 to “Hold” rating. As per Friday, September 4, the company rating was upgraded by Lake Street. The stock has “Outperform” rating by Cowen & Co on Friday, September 4.

More notable recent Streamline Health Solutions, Inc. (NASDAQ:STRM) news were published by: Prnewswire.com which released: “Streamline Health® Reports Third Quarter 2017 Revenues of $6.4 Million …” on December 12, 2017, also Prnewswire.com with their article: “Nebraska Medicine Selects Streamline Health’s Coding Audit Services to Confirm …” published on March 08, 2017, Seekingalpha.com published: “Streamline Health Solutions’ (STRM) CEO, David Sides on Q3 2017 Results …” on December 13, 2017. More interesting news about Streamline Health Solutions, Inc. (NASDAQ:STRM) were released by: Prnewswire.com and their article: “Streamline Health® Acquires Opportune IT Healthcare Solutions” published on September 08, 2016 as well as Seekingalpha.com‘s news article titled: “Streamline Health Solutions’ (STRM) CEO David Sides on Q2 2017 Results …” with publication date: September 14, 2017.

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