Janone Inc. (NASDAQ:ALTS) Short Interest Down 39.3% in October

Janone Inc. (NASDAQ:ALTS) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 147,900 shares, a drop of 39.3% from the October 15th total of 243,600 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 306,200 shares, the short-interest ratio is presently 0.5 days.

Janone Price Performance

NASDAQ:ALTS traded down $0.03 during trading hours on Friday, reaching $2.22. The company’s stock had a trading volume of 30,964 shares, compared to its average volume of 239,239. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 1.96. The firm’s 50-day moving average price is $2.16. Janone has a 1 year low of $0.35 and a 1 year high of $5.26.

About Janone

JanOne Inc, a clinical-stage biopharmaceutical company, focuses on identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the unmet medical need for the treatment of pain and addiction. It operates through three segments: Biotechnology, Recycling, and Technology.