Janone Inc. (NASDAQ:ALTS) Short Interest Up 50.4% in February

Janone Inc. (NASDAQ:ALTS) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 235,000 shares, an increase of 50.4% from the January 31st total of 156,300 shares. Based on an average daily trading volume, of 238,700 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.7% of the company’s stock are sold short.

Janone Price Performance

NASDAQ:ALTS opened at $5.32 on Wednesday. Janone has a 1-year low of $1.29 and a 1-year high of $7.75. The firm has a fifty day simple moving average of $5.81 and a 200 day simple moving average of $3.63. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.75 and a quick ratio of 0.75.

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.