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

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

Janone Stock Performance

Janone stock traded up $0.87 during trading hours on Friday, reaching $6.60. 428,330 shares of the stock were exchanged, compared to its average volume of 263,358. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.96. Janone has a twelve month low of $0.50 and a twelve month high of $7.09. The stock has a 50 day moving average of $4.45 and a two-hundred day moving average of $2.94.

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.