Short Interest in Ontrak, Inc. (NASDAQ:OTRK) Grows By 170.0%

Ontrak, Inc. (NASDAQ:OTRK) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 77,500 shares, an increase of 170.0% from the November 30th total of 28,700 shares. Currently, 3.4% of the company’s shares are sold short. Based on an average daily volume of 1,650,000 shares, the days-to-cover ratio is presently 0.0 days.

Ontrak Trading Up 3.7 %

Ontrak stock traded up $0.06 during trading hours on Friday, reaching $1.53. The company 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. Ontrak has a 12-month low of $1.41 and a 12-month high of $16.05. The company has a 50-day moving average price of $1.74 and a 200 day moving average price of $2.67. The firm has a market cap 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.