Janone Inc. (NASDAQ:ALTS) Short Interest Update

Janone Inc. (NASDAQ:ALTS) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 278,700 shares, a drop of 15.8% from the February 28th total of 331,000 shares. Currently, 2.0% of the company’s shares are sold short. Based on an average trading volume of 221,200 shares, the short-interest ratio is presently 1.3 days.

Janone Stock Up 14.7 %

ALTS stock opened at $4.45 on Wednesday. Janone has a 1-year low of $1.29 and a 1-year high of $7.75. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.96. The business’s 50-day moving average price is $5.43 and its two-hundred day moving average price is $3.95.

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.