Short Interest in AlerisLife Inc. (NASDAQ:ALR) Rises By 30.5%

AlerisLife Inc. (NASDAQ:ALRGet Rating) was the target of a large increase in short interest in December. As of December 30th, there was short interest totalling 274,000 shares, an increase of 30.5% from the December 15th total of 209,900 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average trading volume of 90,100 shares, the short-interest ratio is currently 3.0 days.

AlerisLife Stock Performance

AlerisLife stock opened at 0.70 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.58 and a current ratio of 1.58. AlerisLife has a 12 month low of 0.55 and a 12 month high of 3.04. The firm has a market cap of $22.67 million, a PE ratio of -0.58 and a beta of 0.93.

About AlerisLife

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AlerisLife Inc operates and manages senior living communities in the United States. It operates through two segments, Residential and Lifestyle Services. Its senior living communities comprise independent living communities, assisted living communities, memory care, continuing care retirement communities (CCRCs), skilled nursing facilities (SNFs), and an active adult community.

Further Reading

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