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

ATI Physical Therapy, Inc. (NYSE:ATIP) 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:ATIP) 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

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.