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

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

Janone Stock Performance

ALTS opened at $4.70 on Wednesday. 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 $0.50 and a 12 month high of $7.09. The company has a fifty day moving average price of $4.23.

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.