Short Interest in ATI Physical Therapy, Inc. (NYSE:ATIP) Grows By 23.4%

ATI Physical Therapy, Inc. (NYSE:ATIP) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 7,900 shares, an increase of 23.4% from the May 31st total of 6,400 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 4,800 shares, the short-interest ratio is currently 1.6 days.

ATI Physical Therapy Stock Performance

ATIP traded up $0.31 during trading on Tuesday, hitting $4.89. The stock had a trading volume of 2,500 shares, compared to its average volume of 4,773. ATI Physical Therapy has a twelve month low of $3.92 and a twelve month high of $9.80. The company’s 50-day moving average price is $4.60 and its 200 day moving average price is $5.60.

ATI Physical Therapy (NYSE:ATIP) last announced its quarterly earnings data on Monday, May 6th. The company reported ($4.61) EPS for the quarter, missing analysts’ consensus estimates of ($4.50) by ($0.11). The company had revenue of $181.47 million for the quarter, compared to analysts’ expectations of $181.67 million. During the same period in the prior year, the firm posted ($7.50) EPS. On average, sell-side analysts predict that ATI Physical Therapy will post -12.37 earnings per share for the current year.

About ATI Physical Therapy

ATI Physical Therapy, Inc operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States. It offers a range of services to its patients, including physical therapy to treat spine, shoulder, knee, and neck injuries or pain; work injury rehabilitation services, work conditioning and work hardening; and hand therapy, aquatic therapy, functional capacity evaluation, sports medicine, and wellness programs.