TruBridge(TBRG) Plunges 3.81% Amid Rising Short Interest

TruBridge(TBRG) shares plummeted 3.81% today, marking an eighth consecutive day of decline, with a total drop of 15.88% over the past eight days. The share price fell to its lowest level since January 2025, with an intraday decline of 4.01%.

TruBridge has seen a significant increase in short interest during March 2025. As of March 15th, short interest totaled 469,400 shares, representing a 9.9% increase. This surge in short interest suggests that investors are increasingly bearish on the company's prospects, which could be contributing to the recent decline in the stock price.

Despite the recent downturn, there is a forecast indicating that the target price for TBRG has been raised to $30.00. This optimistic outlook from analysts may provide some support for the stock in the coming days, as investors weigh the potential for a rebound against the current bearish sentiment.