Ontrak, Inc. (NASDAQ:OTRK) Short Interest Down 37.0% in January

Ontrak, Inc. (NASDAQ:OTRK) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 57,100 shares, a drop of 37.0% from the January 15th total of 90,600 shares. Based on an average daily volume of 49,100 shares, the short-interest ratio is currently 1.2 days. Approximately 2.5% of the company’s stock are short sold.

Ontrak Price Performance

Shares of OTRK stock opened at $1.40 on Thursday. The firm has a fifty day simple moving average of $1.67 and a 200-day simple moving average of $2.27. The company has a market capitalization of $5.91 million, a PE ratio of -0.13 and a beta of 2.54. Ontrak has a twelve month low of $1.36 and a twelve month high of $16.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.19.

About Ontrak

Ontrak, Inc operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need.