Janone Inc. (NASDAQ:ALTS) Short Interest Up 50.4% in February

Janone Inc. (NASDAQ:ALTS) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 235,000 shares, a growth of 50.4% from the January 31st total of 156,300 shares. Based on an average daily volume of 238,700 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.7% of the shares of the stock are sold short.

Janone Stock Performance

Shares of ALTS opened at $6.05 on Monday. The business’s 50 day moving average is $5.76 and its 200 day moving average is $3.58. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.75 and a quick ratio of 0.75. Janone has a 12-month low of $1.29 and a 12-month high of $7.75.

About Janone

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.