Short Interest in Janone Inc. (NASDAQ:ALTS) Expands By 57.0%

Janone Inc. (NASDAQ:ALTS) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 126,700 shares, a growth of 57.0% from the November 30th total of 80,700 shares. Based on an average daily trading volume, of 175,400 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.0% of the shares of the stock are short sold.

Janone Stock Up 2.8 %

ALTS stock traded up $0.12 during mid-day trading on Friday, reaching $4.45. The company’s stock had a trading volume of 210,709 shares, compared to its average volume of 236,021. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.96. The company’s 50 day moving average price is $2.86. Janone has a fifty-two week low of $0.50 and a fifty-two week 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.