Short Interest Alert: Bridgeline Digital Incorporated (NASDAQ:BLIN) Just Reported Decreased Shorts

November 25, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Alert: Bridgeline Digital Incorporated (NASDAQ:BLIN) Just Reported Decreased Shorts

The stock of Bridgeline Digital Incorporated (NASDAQ:BLIN) registered a decrease of 13.47% in short interest. BLIN’s total short interest was 70,000 shares in November as published by FINRA. Its down 13.47% from 80,900 shares, reported previously. With 36,600 shares average volume, it will take short sellers 2 days to cover their BLIN’s short positions. The short interest to Bridgeline Digital Incorporated’s float is 0.55%. The stock increased 7.92% or $0.05 on November 25, hitting $0.68. About 14,618 shares traded hands. Bridgeline Digital Inc (NASDAQ:BLIN) has declined 18.75% since April 22, 2016 and is downtrending. It has underperformed by 24.16% the S&P500.

Bridgeline Digital, Inc. is a digital engagement company. The company has a market cap of $12.50 million. The Company’s Bridgeline’s iAPPS platform integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver online experiences that engage and convert their clients across all digital channels. It currently has negative earnings. The Company’s Bridgeline’s iAPPS platform is combined with its digital services.

BLIN Company Profile

Bridgeline Digital, Inc. (Bridgeline), incorporated on August 28, 2000, is a digital engagement company. The Company’s Bridgeline’s iAPPS platform integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver online experiences that engage and convert their clients across all digital channels. The Company’s Bridgeline’s iAPPS platform is combined with its digital services. The Company’s iAPPS platform is delivered through a cloud Software as a Service (SaaS) multi-tenant business model, which provides clients with deployment providing maintenance, daily technical operation and support, or through a perpetual licensing business model, in which the iAPPS software resides on a dedicated server in either the customer’s facility or Bridgeline’s Tier 1 co-managed hosting facility.

More important recent Bridgeline Digital Inc (NASDAQ:BLIN) news were published by: Globenewswire.com which released: “Bridgeline Digital Completes $6 Million Debt Conversion to Equity” on August 05, 2016, also Globenewswire.com published article titled: “Bridgeline Digital Sets Eyes on Mid-Market Expansion with iAPPS Pro”, Globenewswire.com published: “Bridgeline Digital Announces 1-for-5 Reverse Stock Split” on May 04, 2015. More interesting news about Bridgeline Digital Inc (NASDAQ:BLIN) was released by: Globenewswire.com and their article: “Bridgeline Digital’s Founder & CEO Thomas Massie Completes Company Transition …” with publication date: November 18, 2015.

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By Ellis Scott


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