Will Catasys Inc (NASDAQ:CATS) Run Out of Steam Soon? Short Interest Is Down

Catasys, Inc. (NASDAQ:CATS) Logo

The stock of Catasys Inc (NASDAQ:CATS) registered a decrease of 4.55% in short interest. CATS’s total short interest was 212,100 shares in November as published by FINRA. Its down 4.55% from 222,200 shares, reported previously. With 44,800 shares average volume, it will take short sellers 5 days to cover their CATS’s short positions. The short interest to Catasys Inc’s float is 4.56%.

The stock increased 2.95% or $0.27 during the last trading session, reaching $9.43. About 17,989 shares traded. Catasys, Inc. (NASDAQ:CATS) has risen 94.37% since November 14, 2017 and is uptrending. It has outperformed by 78.75% the S&P500.

Catasys, Inc. provides data analytics based specialized behavioral health management and integrated treatment services to health plans and other third party payors. The company has market cap of $150.06 million. It offers OnTrak solution to improve treatment outcomes and lower the utilization of medical and behavioral health plan services. It currently has negative earnings. The companyÂ’s OnTrak solution includes medical and psychosocial interventions; and a proprietary Web based clinical information platform and database, psychosocial programs, and integrated care coaching services.

Another recent and important Catasys, Inc. (NASDAQ:CATS) news was published by Businesswire.com which published an article titled: “Catasys Appoints Three Healthcare Executives to Board of Directors” on November 01, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.