Janone Inc. (NASDAQ:ALTS) Short Interest Down 50.4% in January

Janone Inc. (NASDAQ:ALTS) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 62,900 shares, a drop of 50.4% from the December 31st total of 126,700 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 198,900 shares, the days-to-cover ratio is presently 0.3 days.

Janone Stock Up 17.7 %

NASDAQ ALTS opened at $5.53 on Thursday. Janone has a 1 year low of $0.50 and a 1 year high of $7.09. The business’s fifty day moving average price is $4.23. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.96.

Janone Company Profile

ALT5 Sigma Corp. is a clinical-stage biopharmaceutical company, which engages in identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the large unmet medical need for the treatment of pain and addiction. It operates under the Biotechnology and Recycling segments.