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

ATI Physical Therapy, Inc. (NYSE:ATIP) was the recipient of 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. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 2.0 days.

ATI Physical Therapy Price Performance

Shares of ATIP opened at $5.74 on Tuesday. The firm has a market capitalization of $25.24 million, a P/E ratio of -0.20 and a beta of 0.40. ATI Physical Therapy has a one year low of $3.92 and a one year high of $9.24. The business has a fifty day moving average of $6.01 and a 200 day moving average of $5.37.

ATI Physical Therapy (NYSE:ATIP) last released 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 firm had revenue of $188.11 million for the quarter, compared to the consensus estimate of $190.00 million. During the same quarter in the prior year, the firm earned ($15.80) earnings per share. Analysts expect that ATI Physical Therapy will post -9.7 EPS for the current fiscal year.

ATI Physical Therapy Company Profile

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.