Short Interest Summary: Streamline Health Solutions Incorporated (NASDAQ:STRM) Reports Increase in Sellers; Strong Momentum for Short Players

November 16, 2016 - By kentuckypostne   ·   0 Comments

Short Interest Summary: Streamline Health Solutions Incorporated (NASDAQ:STRM) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of Streamline Health Solutions Incorporated (NASDAQ:STRM) registered an increase of 37.7% in short interest. STRM’s total short interest was 26,300 shares in November as published by FINRA. Its up 37.7% from 19,100 shares, reported previously. With 53,100 shares average volume, it will take short sellers 1 days to cover their STRM’s short positions. The short interest to Streamline Health Solutions Incorporated’s float is 0.19%. About 8,924 shares traded hands. Streamline Health Solutions Inc. (NASDAQ:STRM) has risen 16.55% since April 14, 2016 and is uptrending. It has outperformed by 11.87% the S&P500.

Streamline Health Solutions, Inc. is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial, Coding and Clinical Documentation Improvement , and other Workflow software applications, and the use of such applications by software as a service. The company has a market cap of $33.64 million. The Firm also provides implementation and consulting services to complement its software solutions. It currently has negative earnings. The Firm provides computer software solutions through its Looking Glass platform.

Insitutional Activity: The institutional sentiment decreased to 0.75 in 2016 Q2. Its down 0.17, from 0.92 in 2016Q1. The ratio is negative, as 7 funds sold all Streamline Health Solutions Inc. shares owned while 5 reduced positions. 5 funds bought stakes while 4 increased positions. They now own 6.98 million shares or 12.79% less from 8.00 million shares in 2016Q1.
Acadian Asset Ltd Llc holds 0% or 500 shares in its portfolio. Deerfield Mngmt Com last reported 662,971 shares in the company. Great Point Partners Limited Liability Company has 0.05% invested in the company for 151,611 shares. Moreover, Private Wealth Prtn Limited Liability Corporation has 0% invested in Streamline Health Solutions Inc. (NASDAQ:STRM) for 15,121 shares. Raymond James Financial Serv Advisors has 0% invested in the company for 46,430 shares. Globeflex Capital L P has invested 0% of its portfolio in Streamline Health Solutions Inc. (NASDAQ:STRM). Bank accumulated 0% or 33,000 shares. Kennedy Mgmt Incorporated last reported 0.01% of its portfolio in the stock. Tower Ltd Liability (Trc) last reported 7,713 shares in the company. Northern Trust owns 26,533 shares or 0% of their US portfolio. Commercial Bank Of America Corp De has invested 0% of its portfolio in Streamline Health Solutions Inc. (NASDAQ:STRM). Lifeplan Fin Gru accumulated 0.1% or 120,000 shares. California Public Employees Retirement owns 28,600 shares or 0% of their US portfolio. First Manhattan Com owns 529 shares or 0% of their US portfolio. Johnson Investment Counsel, a Ohio-based fund reported 124,022 shares.

Insider Transactions: Since September 13, 2016, the stock had 4 buys, and 0 selling transactions for $40,050 net activity. Priest Shaun Linwood also bought $19,670 worth of Streamline Health Solutions Inc. (NASDAQ:STRM) on Friday, October 7. Sides David William bought $1,630 worth of Streamline Health Solutions Inc. (NASDAQ:STRM) on Friday, September 16. 10,000 shares were bought by PHILLIPS JONATHAN R, worth $16,000 on Tuesday, September 13.

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

Out of 2 analysts covering Streamline Health (NASDAQ:STRM), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Streamline Health has been the topic of 3 analyst reports since September 4, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, September 4 by Lake Street. As per Friday, September 4, the company rating was maintained by Cowen & Co. On Monday, April 25 the stock rating was downgraded by Lake Street to “Hold”.

STRM Company Profile

Streamline Health Solutions, Inc., incorporated on February 7, 1996, is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial Services, Coding and Clinical Documentation Improvement (CDI), and other Workflow software applications, and the use of such applications by software as a service. The Firm also provides implementation and consulting services to complement its software solutions. The Firm provides computer software solutions through its Looking Glass platform. Looking Glass captures, aggregates and translates structured and unstructured data to deliver insights to its clients. The Firm sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships. The Company’s software and services allow hospitals and integrated healthcare delivery systems in the United States and Canada to capture, store, manage, route, retrieve and process patient clinical, financial and other healthcare well-known provider information.

More notable recent Streamline Health Solutions Inc. (NASDAQ:STRM) news were published by: Prnewswire.com which released: “Streamline Health® Announces Upgrade to its Looking Glass® CDI/Coding Solution” on November 14, 2016, also Prnewswire.com with their article: “Streamline Health® Acquires Opportune IT Healthcare Solutions” published on September 08, 2016, Prnewswire.com published: “Streamline Health® Appoints Shaun Priest In Newly Created Position Of Chief …” on April 11, 2016. More interesting news about Streamline Health Solutions Inc. (NASDAQ:STRM) were released by: Globenewswire.com and their article: “Streamline Health Solutions, Inc. (Nasdaq: STRM) to Ring The Nasdaq Stock …” published on September 09, 2016 as well as Prnewswire.com‘s news article titled: “Streamline Health® Announces New Reseller Agreement With himagine solutions” with publication date: December 09, 2015.

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