Janone Inc. (NASDAQ:ALTS) Sees Significant Growth in Short Interest

Janone Inc. (NASDAQ:ALTS) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 100,800 shares, an increase of 60.3% from the December 31st total of 62,900 shares. Based on an average daily volume of 209,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.7% of the shares of the company are short sold.

Janone Stock Up 2.9 %

Shares of NASDAQ ALTS opened at $5.73 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.75 and a quick ratio of 0.75. The business’s fifty day moving average is $4.30. Janone has a 1-year low of $0.50 and a 1-year high of $7.09.

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.