Research Solutions Inc. (NASDAQ:RSSS) Sees Significant Increase in Short Interest

Research Solutions Inc. (NASDAQ:RSSS) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 38,410 shares, an increase of 131.9% from the January 29th total of 16,565 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 84,600 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 84,600 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Research Solutions

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in shares of Research Solutions by 6.1% in the third quarter. Dimensional Fund Advisors LP now owns 67,671 shares of the company’s stock worth $252,000 after buying an additional 3,918 shares during the period. Goldman Sachs Group Inc. lifted its stake in Research Solutions by 18.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 42,979 shares of the company’s stock worth $126,000 after acquiring an additional 6,729 shares in the last quarter. Hodges Capital Management Inc. lifted its stake in Research Solutions by 4.2% in the 3rd quarter. Hodges Capital Management Inc. now owns 185,500 shares of the company’s stock worth $692,000 after acquiring an additional 7,500 shares in the last quarter. Renaissance Technologies LLC boosted its position in Research Solutions by 5.7% during the 4th quarter. Renaissance Technologies LLC now owns 218,200 shares of the company’s stock worth $642,000 after acquiring an additional 11,756 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its stake in Research Solutions by 4.9% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 289,517 shares of the company’s stock valued at $851,000 after acquiring an additional 13,483 shares in the last quarter. 33.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on RSSS. Roth Mkm restated a “buy” rating and issued a $5.00 price objective on shares of Research Solutions in a report on Friday, November 14th. Weiss Ratings upgraded shares of Research Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Maxim Group set a $5.00 price objective on shares of Research Solutions in a research report on Friday, February 13th. Zacks Research cut shares of Research Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Wall Street Zen raised shares of Research Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.00.

Research Solutions Trading Down 2.5%

NASDAQ RSSS opened at $2.32 on Friday. Research Solutions has a 1 year low of $2.25 and a 1 year high of $4.12. The company has a market cap of $76.33 million, a PE ratio of 19.33 and a beta of 0.75. The stock’s 50-day moving average price is $2.73 and its two-hundred day moving average price is $3.04.

Research Solutions (NASDAQ:RSSS) last announced its earnings results on Thursday, February 12th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Research Solutions had a return on equity of 26.71% and a net margin of 7.87%.The firm had revenue of $11.79 million during the quarter, compared to analyst estimates of $12.16 million. Research analysts forecast that Research Solutions will post 0.05 EPS for the current fiscal year.

Research Solutions Company Profile

Research Solutions, Inc (NASDAQ:RSSS) is a provider of software and managed services that streamline access to and management of scientific, technical and medical research. The company’s flagship platform automates the acquisition, licensing and delivery of journal articles, conference proceedings and other pay-walled content, enabling institutions to reduce administrative overhead and control subscription costs.

Key offerings include self-service workflows for document requests, enterprise-grade managed services for high-volume users, and analytics tools that deliver detailed reporting on spend, usage patterns and supplier performance.