Ontrak, Inc. (NASDAQ:OTRK) Short Interest Down 32.9% in March

Ontrak, Inc. (NASDAQ:OTRK) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 40,600 shares, a decrease of 32.9% from the March 15th total of 60,500 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is presently 1.6 days.

Ontrak Stock Down 1.4 %

Shares of Ontrak stock opened at $1.41 on Friday. The firm has a market cap of $5.95 million, a price-to-earnings ratio of -0.13 and a beta of 2.93. The stock has a 50-day simple moving average of $1.50 and a 200-day simple moving average of $1.71. 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 52-week low of $1.27 and a 52-week high of $5.82.

Ontrak (NASDAQ:OTRK) last released its earnings results on Monday, April 14th. The company reported ($9.54) EPS for the quarter, missing the consensus estimate of ($1.35) by ($8.19). The company had revenue of $3.08 million for the quarter, compared to analyst estimates of $3.08 million. Ontrak had a negative net margin of 237.77% and a negative return on equity of 171.34%. During the same quarter in the previous year, the company earned ($4.32) earnings per share. On average, equities research analysts expect that Ontrak will post -7.53 earnings per share for the current fiscal year.

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.