Ontrak, Inc. (NASDAQ:OTRK) Short Interest Up 170.0% in December

Ontrak, Inc. (NASDAQ:OTRK) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 77,500 shares, an increase of 170.0% from the November 30th total of 28,700 shares. Currently, 3.4% of the company’s shares are short sold. Based on an average daily volume of 1,650,000 shares, the short-interest ratio is presently 0.0 days.

Ontrak Trading Up 3.7 %

Shares of NASDAQ:OTRK traded up $0.06 on Friday, hitting $1.53. 59,421 shares of the company’s stock were exchanged, compared to its average volume of 564,606. The stock has a market capitalization of $6.45 million, a price-to-earnings ratio of -0.14 and a beta of 2.57. Ontrak has a 12 month low of $1.41 and a 12 month high of $16.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.17 and a quick ratio of 1.17. The business’s 50 day simple moving average is $1.74 and its two-hundred day simple moving average is $2.66.

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.