Research Solutions, Inc. (NASDAQ:RSSS) Short Interest Update

Research Solutions, Inc. (NASDAQ:RSSS) experienced a notable surge in short interest during December. As of December 15th, the short interest amounted to 41,400 shares, marking a significant increase of 56.2% compared to the 26,500 shares reported on November 30th. With an average daily trading volume of 119,200 shares, the days-to-cover ratio stands at 0.3 days, indicating a relatively short period needed to cover the short positions.

Institutional Investors' Involvement in Research Solutions

Recently, various hedge funds and institutional investors have adjusted their holdings in Research Solutions. Oppenheimer Asset Management Inc. increased its stake by 36.5% during the second quarter, now owning 136,932 shares valued at approximately $349,000 after acquiring an additional 36,599 shares. Similarly, Renaissance Technologies LLC boosted its holdings by 12.6%, now holding 117,100 shares worth about $299,000 after purchasing 13,089 additional shares in the same period. Moreover, Luxor Capital Group LP entered with a new investment of around $411,000 during the second quarter. Dynamic Advisor Solutions LLC raised its stake by 8.7% in the third quarter, currently owning 187,122 shares valued at $511,000. Finally, Bard Associates Inc. increased its position by 1.4% in the third quarter, possessing 626,725 shares worth about $1.71 million. Collectively, institutional investors and hedge funds own 33.60% of Research Solutions' stock.

Research Solutions' Price Performance

As of Friday, RSSS opened at $4.14. The stock has traded with a fifty-day simple moving average of $3.27 and a 200-day simple moving average of $2.88. Over the past year, Research Solutions has seen a low of $2.38 and a high of $4.19, reflecting notable price movements. The company holds a market capitalization of $134.60 million, a PE ratio of -51.75, a price-to-earnings-growth ratio of 4.42, and a beta of 0.60, indicating its stock performance relative to the market.

Company Overview

Research Solutions, Inc., through its subsidiaries, offers a cloud-based Software-as-a-Service (SaaS) platform and related services for researchers across corporate, academic, government, and individual sectors in the United States and globally. It features the Discover platform, which aids in the search and discovery of scientific, technical, and medical (STM) articles. This includes basic search functionalities and advanced tools like Resolute.ai and scite.ai, which help identify relevant research and extract insights from related datasets, including clinical trials, patents, and technology landscapes.

Investment Considerations

Before investing in Research Solutions, potential investors should review recommendations from top analysts in the market. While it currently holds a "Buy" rating, several analysts favor different stocks as better investment options. Let informed decisions guide your investment strategies.

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