Bridgeline Digital Incorporated (NASDAQ:BLIN) Shorted Shares Increased By 172.73%

The stock of Bridgeline Digital Incorporated (NASDAQ:BLIN) registered an increase of 172.73% in short interest. BLIN’s total short interest was 3,000 shares in March as published by FINRA. Its up 172.73% from 1,100 shares, reported previously. With 15,100 shares average volume, it will take short sellers 0 days to cover their BLIN’s short positions. The short interest to Bridgeline Digital Incorporated’s float is 0.07%. The stock is up 4.30% or $0.036 after the news, hitting $0.88 per share. About 3,372 shares traded hands. Bridgeline Digital Inc (NASDAQ:BLIN) has declined 45.45% since August 3, 2015 and is downtrending. It has underperformed by 39.79% the S&P500.

Bridgeline Digital, Inc. is a digital engagement company. The company has a market cap of $4.66 million. The Company’s Bridgeline’s iAPPS platform integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver online experiences that engage and convert their clients across all digital channels. It currently has negative earnings. The Company’s Bridgeline’s iAPPS platform is combined with its digital services.

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