Bridgeline Digital, Inc. (NASDAQ:BLIN) Sees Significant Increase in Short Interest

Bridgeline Digital, Inc. (NASDAQ:BLIN) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 41,900 shares, a growth of 33.0% from the December 15th total of 31,500 shares. Based on an average daily trading volume, of 166,200 shares, the short-interest ratio is presently 0.3 days.

Bridgeline Digital Stock Up 4.2 %

Shares of NASDAQ:BLIN opened at $1.74 on Friday. The firm has a market capitalization of $18.13 million, a P/E ratio of -9.16 and a beta of 1.86. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a 50 day moving average price of $1.41 and a 200-day moving average price of $1.16. Bridgeline Digital has a 52-week low of $0.75 and a 52-week high of $2.80.

Bridgeline Digital (NASDAQ:BLIN) last released its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same period in the prior year, the firm posted ($0.02) EPS. As a group, equities research analysts anticipate that Bridgeline Digital will post -0.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. StockNews.com started coverage on shares of Bridgeline Digital in a research report on Saturday. They set a “hold” rating on the stock. Westpark Capital reiterated a “hold” rating on shares of Bridgeline Digital in a research report on Tuesday, December 24th.

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.