What’s Ahead for Catasys Incorporated (NASDAQ:CATS) After More Shorted Shares?

January 14, 2018 - By Migdalia James

 What’s Ahead for Catasys Incorporated (NASDAQ:CATS) After More Shorted Shares?

The stock of Catasys Incorporated (NASDAQ:CATS) registered an increase of 4.87% in short interest. CATS’s total short interest was 161,500 shares in January as published by FINRA. Its up 4.87% from 154,000 shares, reported previously. With 49,400 shares average volume, it will take short sellers 3 days to cover their CATS’s short positions.

The stock increased 6.39% or $0.26 during the last trading session, reaching $4.33. About 117,077 shares traded or 117.08% up from the average. Catasys, Inc. (NASDAQ:CATS) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% 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 $68.80 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.

More notable recent Catasys, Inc. (NASDAQ:CATS) news were published by: Seekingalpha.com which released: “Catasys’s (CATS) CEO Terren Peizer on Q3 2017 Results – Earnings Call Transcript” on November 15, 2017, also Prnewswire.com with their article: “Catasys Announces Closing of $15 Million Public Offering” published on April 28, 2017, Prnewswire.com published: “Catasys, Inc. Issues Letter to Shareholders” on December 16, 2016. More interesting news about Catasys, Inc. (NASDAQ:CATS) were released by: Seekingalpha.com and their article: “Catasys’s (CATS) CEO Terren Peizer on Q2 2017 Results – Earnings Call Transcript” published on August 16, 2017 as well as Streetinsider.com‘s news article titled: “Form 4 CATASYS, INC. For: Dec 19 Filed by: Shirley Christopher” with publication date: January 13, 2018.

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