Janone Inc. (NASDAQ:ALTS) Sees Significant Increase in Short Interest

Janone Inc. (NASDAQ:ALTS) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 331,000 shares, a growth of 40.9% from the February 13th total of 235,000 shares. Currently, 2.4% of the company’s shares are short sold. Based on an average daily trading volume, of 236,100 shares, the days-to-cover ratio is currently 1.4 days.

Janone Price Performance

Shares of ALTS opened at $4.64 on Monday. The company has a 50-day simple moving average of $5.83 and a two-hundred day simple moving average of $3.76. 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 has a one year low of $1.29 and a one year high of $7.75.

About Janone

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.