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Short Interest in Janone Inc. (NASDAQ:ALTS) Declines By 50.4%

Janone logo with Finance background

Janone Inc. (NASDAQ:ALTS - Get Free Report) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 62,900 shares, a decline of 50.4% from the December 15th total of 126,700 shares. Based on an average trading volume of 198,900 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the company's stock are short sold.

Janone Stock Performance

Shares of NASDAQ ALTS traded up $0.44 during mid-day trading on Tuesday, reaching $6.13. 224,603 shares of the company traded hands, compared to its average volume of 323,525. The company's fifty day moving average is $3.54. 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 fifty-two week low of $0.50 and a fifty-two week high of $7.09.

About Janone

(Get Free Report)

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.

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