Bridgeline Digital, Inc. (NASDAQ:BLIN) Short Interest Update

Bridgeline Digital, Inc. (NASDAQ:BLIN) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 31,500 shares, an increase of 16.2% from the November 30th total of 27,100 shares. Based on an average daily trading volume, of 93,000 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BLIN. StockNews.com assumed coverage on shares of Bridgeline Digital in a report on Wednesday, December 25th. They set a “hold” rating for the company. Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a research report on Tuesday, December 24th.

Bridgeline Digital Stock Down 1.4 %

Shares of NASDAQ:BLIN opened at $1.43 on Monday. The stock has a market cap of $14.90 million, a price-to-earnings ratio of -1.55 and a beta of 1.95. The business’s 50 day moving average is $1.21 and its 200 day moving average is $1.07. Bridgeline Digital has a 12-month low of $0.75 and a 12-month high of $1.95. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings data on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. During the same quarter in the prior year, the business posted ($0.02) EPS. On average, sell-side analysts forecast that Bridgeline Digital will post -0.2 earnings per share for the current fiscal year.

About Bridgeline Digital

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.