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

Ontrak, Inc. (NASDAQ:OTRK) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 77,500 shares, a growth of 170.0% from the November 30th total of 28,700 shares. Approximately 3.4% of the company’s stock are short sold. Based on an average trading volume of 1,650,000 shares, the days-to-cover ratio is currently 0.0 days.

Ontrak Stock Up 3.7 %

Shares of NASDAQ:OTRK traded up $0.06 during trading hours on Friday, hitting $1.53. The company’s stock had a trading volume of 59,421 shares, compared to its average volume of 564,606. 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 firm’s fifty day moving average price is $1.74 and its 200 day moving average price is $2.66. Ontrak has a 52 week low of $1.41 and a 52 week high of $16.05. The company has a market capitalization of $6.45 million, a price-to-earnings ratio of -0.14 and a beta of 2.57.

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.