Bridgeline Digital, Inc. (NASDAQ:BLIN) Short Interest Down 27.7% in April

Bridgeline Digital, Inc. (NASDAQ:BLIN) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 92,000 shares, a decrease of 27.7% from the March 31st total of 127,200 shares. Based on an average trading volume of 65,800 shares, the days-to-cover ratio is currently 1.4 days.

Bridgeline Digital Stock Performance

Shares of BLIN stock traded up $0.02 during trading hours on Friday, hitting $1.33. The stock had a trading volume of 12,082 shares, compared to its average volume of 48,052. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.04. Bridgeline Digital has a one year low of $0.70 and a one year high of $1.43. The stock’s 50-day moving average price is $1.14 and its two-hundred day moving average price is $0.91.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings data on Wednesday, February 14th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.06). The business had revenue of $3.76 million for the quarter, compared to the consensus estimate of $3.78 million. Bridgeline Digital had a negative return on equity of 64.91% and a negative net margin of 64.13%. As a group, research analysts anticipate that Bridgeline Digital will post -0.2 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Bridgeline Digital in a report on Sunday, April 21st. They issued a “hold” rating on the stock.

Bridgeline Digital Company Profile

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.