ATI Physical Therapy, Inc. (NYSE:ATIP) Short Interest Update

ATI Physical Therapy, Inc. (NYSE:ATIP) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 7,700 shares, a decrease of 22.2% from the June 30th total of 9,900 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is presently 2.1 days.

ATI Physical Therapy Stock Up 2.2 %

Shares of ATIP traded up $0.14 during mid-day trading on Tuesday, hitting $6.33. 4,460 shares of the company’s stock were exchanged, compared to its average volume of 4,684. The firm has a fifty day moving average of $5.07 and a two-hundred day moving average of $5.51. ATI Physical Therapy has a twelve month low of $3.92 and a twelve month high of $9.40. The stock has a market cap of $27.84 million, a price-to-earnings ratio of -0.22 and a beta of 0.41.

ATI Physical Therapy (NYSE:ATIP) last announced its quarterly earnings results on Monday, May 6th. The company reported ($4.61) EPS for the quarter, missing the consensus estimate of ($4.50) by ($0.11). The firm had revenue of $181.47 million for the quarter, compared to the consensus estimate of $181.67 million. During the same quarter last year, the business posted ($7.50) EPS. On average, equities 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.