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

Janone Inc. (NASDAQ:ALTS) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 126,700 shares, an increase of 57.0% from the November 30th total of 80,700 shares. Based on an average daily volume of 175,400 shares, the short-interest ratio is presently 0.7 days. Currently, 1.0% of the shares of the company are sold short.

Janone Trading Up 2.8 %

Shares of Janone stock opened at $4.45 on Monday. The stock has a 50-day moving average price of $2.86. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.75 and a quick ratio of 0.75. Janone has a fifty-two week low of $0.50 and a fifty-two week high of $5.26.

Janone Company Profile

JanOne Inc, a clinical-stage biopharmaceutical company, focuses on identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the unmet medical need for the treatment of pain and addiction. It operates through three segments: Biotechnology, Recycling, and Technology.