Short Interest in ATI Physical Therapy, Inc. (NYSE:ATIP) Grows By 5.4%

ATI Physical Therapy, Inc. (NYSE:ATIP) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 9,800 shares, an increase of 5.4% from the August 15th total of 9,300 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is currently 2.0 days. Approximately 0.7% of the company’s stock are sold short.

ATI Physical Therapy Trading Down 2.9 %

ATIP stock opened at $5.74 on Tuesday. The stock’s 50 day simple moving average is $6.01 and its 200 day simple moving average is $5.37. ATI Physical Therapy has a 12-month low of $3.92 and a 12-month high of $9.24. The stock has a market capitalization of $25.24 million, a PE ratio of -0.20 and a beta of 0.40.

ATI Physical Therapy (NYSE:ATIP) last announced its quarterly earnings results on Monday, August 5th. The company reported ($2.43) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.63) by $0.20. The business had revenue of $188.11 million for the quarter, compared to the consensus estimate of $190.00 million. During the same period in the previous year, the company earned ($15.80) earnings per share. On average, research analysts predict that ATI Physical Therapy will post -9.7 earnings per share for the current year.

About ATI Physical Therapy

ATI Physical Therapy, Inc operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States. It offers a range of services to its patients, including physical therapy to treat spine, shoulder, knee, and neck injuries or pain; work injury rehabilitation services, work conditioning and work hardening; and hand therapy, aquatic therapy, functional capacity evaluation, sports medicine, and wellness programs.