Streamline Health Solutions, In shares had a trading volume of 82K in the last trading session. Overall, volume was down 85.23% under the stocks normal daily volume.
Traders are a little more bullish on shares of Streamline Health Solutions, In of late if you take into consideration the change in short interest. The stock realized a fall in short interest between September 29, 2017 and October 13, 2017 of -37.71%. Short shares decreased from 29,497 to 18,373 over that timeframe. With short interest at 18,373 and short average daily volume at 895,127, the short-interest ratio is 0.0 and the percentage of shorted shares was 0.00% on October 13.
There has been some buying insider activity on Streamline Health Solutions, In (NASDAQ:STRM) recently. Shaun Linwood Priest, SVP & Chief Growth Officer disclosed the purchase of 8,200 shares of STRM stock. The shares were purchased at an average price of $1.50. Priest now owns $134,145 of the stock according to the SEC filing.
These firms have modified their investment in STRM. Great Point Partners LLC reduced its ownership by shedding 21,474 shares a decrease of 14.2% in the quarter. Great Point Partners LLC currently owns 130,137 shares with a value of $139,000. The total value of its holdings decreased 10.3%. As of the end of the quarter Nantahala Capital Management, LLC had acquired 284,072 shares growing its stake by 19.2%. The value in dollars increased from $1,506,000 to $1,884,000 increasing 25.1% since the last quarter.
As of quarter end First Light Asset Management, LLC had bought a total of 135,605 shares growing its position 8.3%. The value of the investment in (STRM) went from $1,669,000 to $1,896,000 a change of $227,000 quarter over quarter. Acadian Asset Management LLC divested its holdings by selling 1,156 shares a decrease of 10.5%. Acadian Asset Management LLC now controls 9,832 shares worth $14,000. The value of the position overall is up by 16.7%.
The company is now up from yesterday’s close of $1.70. The stock is trading at $1.70 just a bit higher than $1.56, the 50 day moving average and significantly higher than the 200 day moving average of $1.29. The 50 day moving average was up $0.14 or +8.80% whereas the 200 day average was up by +31.83%.
Streamline Health Solutions, Inc., launched on February 7, 1996, is involved 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 Company also provides implementation and consulting services to complement its software solutions. The Company provides computer software-based solutions through its Looking Glass platform. Looking Glass captures, aggregates and translates structured and unstructured data to deliver insights to its clients. The Company 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 Business’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 provider information..