ATI Physical Therapy, Inc. (NYSE:ATIP) Short Interest Down 6.7% in October

ATI Physical Therapy, Inc. (NYSE:ATIPGet Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 11,200 shares, a decrease of 6.7% from the September 30th total of 12,000 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.8% of the company’s shares are sold short.

ATI Physical Therapy Trading Down 2.8 %

NYSE ATIP opened at $5.68 on Thursday. The stock has a market cap of $24.97 million, a PE ratio of -0.42 and a beta of 0.41. ATI Physical Therapy has a twelve month low of $3.92 and a twelve month high of $8.48. The stock has a fifty day simple moving average of $5.92 and a 200-day simple moving average of $5.38.

ATI Physical Therapy (NYSE:ATIPGet Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported ($2.43) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.63) by $0.20. The business had revenue of $188.11 million for the quarter, compared to analysts’ expectations of $190.00 million. During the same quarter in the prior year, the company posted ($15.80) earnings per share. Research analysts predict that ATI Physical Therapy will post -9.7 EPS for the current year.

ATI Physical Therapy Company Profile

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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.

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