Syra Health Corp. (NASDAQ:SYRA) Sees Significant Decrease in Short Interest

Syra Health Corp. (NASDAQ:SYRA) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 463,300 shares, a decline of 51.1% from the January 15th total of 946,700 shares. Currently, 6.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,640,000 shares, the days-to-cover ratio is currently 0.3 days.

Syra Health Stock Performance

Syra Health stock traded up $0.06 during midday trading on Thursday, hitting $0.46. 21,639,156 shares of the company’s stock were exchanged, compared to its average volume of 4,150,252. Syra Health has a 52-week low of $0.34 and a 52-week high of $3.28. The stock has a 50-day moving average price of $0.45 and a two-hundred day moving average price of $0.60. The company has a market cap of $5.17 million, a P/E ratio of -0.70 and a beta of 3.14.

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.