Short Interest in Ontrak, Inc. (NASDAQ:OTRK) Decreases By 18.7%

Ontrak, Inc. (NASDAQ:OTRK) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 90,600 shares, a decrease of 18.7% from the December 31st total of 111,500 shares. Approximately 4.0% of the shares of the stock are short sold. Based on an average daily volume of 57,300 shares, the short-interest ratio is currently 1.6 days.

Ontrak Trading Down 5.4 %

Shares of NASDAQ:OTRK traded down $0.09 during midday trading on Monday, hitting $1.59. The company had a trading volume of 26,960 shares, compared to its average volume of 42,955. The stock has a market cap of $6.71 million, a price-to-earnings ratio of -0.15 and a beta of 2.54. The firm has a fifty day simple moving average of $1.70 and a 200 day simple moving average of $2.39. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.19. Ontrak has a 12 month low of $1.41 and a 12 month high of $16.05.

Ontrak Company Profile

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.