Janone Inc. (NASDAQ:ALTS) Sees Large Growth in Short Interest

Janone Inc. (NASDAQ:ALTS) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 235,000 shares, an increase of 50.4% from the January 31st total of 156,300 shares. Approximately 1.7% of the shares of the company are sold short. Based on an average trading volume of 238,700 shares, the days-to-cover ratio is currently 1.0 days.

Janone Price Performance

ALTS stock opened at $5.32 on Wednesday. Janone has a 52 week low of $1.29 and a 52 week high of $7.75. The company’s 50-day simple moving average is $5.81 and its 200 day simple moving average is $3.63. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.75 and a current ratio of 0.75.

Janone Company Profile

ALT5 Sigma Corp. is a clinical-stage biopharmaceutical company, which engages in identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the large unmet medical need for the treatment of pain and addiction. It operates under the Biotechnology and Recycling segments.