Short Interest in Syra Health Corp. (NASDAQ:SYRA) Declines By 20.0%

Syra Health Corp. (NASDAQ:SYRA) was the target of a large decrease in short interest during the month of 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 trading volume, of 213,500 shares, the days-to-cover ratio is currently 0.8 days. Approximately 2.2% of the shares of the stock are short sold.

Syra Health Trading Down 3.5 %

SYRA stock opened at $0.37 on Friday. The stock has a market capitalization of $3.63 million and a P/E ratio of -0.60. The firm has a 50-day moving average price of $0.46 and a 200-day moving average price of $1.03. Syra Health has a 12 month low of $0.34 and a 12 month high of $8.37.

Syra Health (NASDAQ:SYRA) last announced its quarterly earnings results on Tuesday, October 29th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.15. The company had revenue of $2.25 million during the quarter, compared to the consensus estimate of $1.99 million. Syra Health had a negative net margin of 54.90% and a negative return on equity of 131.94%. During the same period in the prior year, the business earned ($0.08) earnings per share. As a group, equities analysts predict that Syra Health will post -0.53 EPS 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.