Short Interest in Janone Inc. (NASDAQ:ALTS) Grows By 50.4%

Janone Inc. (NASDAQ:ALTS) was the recipient of a significant 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 trading volume of 238,700 shares, the short-interest ratio is currently 1.0 days. Approximately 1.7% of the company’s stock are sold short.

Janone Price Performance

Shares of NASDAQ:ALTS opened at $5.53 on Tuesday. The business has a fifty day moving average price of $5.79 and a 200-day moving average price of $3.61. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.75 and a current ratio of 0.75. Janone has a 1-year low of $1.29 and a 1-year high of $7.75.

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.