Optimi Health Corp. (NASDAQ:OPTH) Short Interest Update

Optimi Health Corp. (NASDAQ:OPTH) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 31,985 shares, an increase of 274.0% from the May 14th total of 8,552 shares. Based on an average daily volume of 376,567 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.6% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Zacks Research upgraded Optimi Health to a “hold” rating in a research report on Thursday, May 28th. Weiss Ratings assumed coverage on Optimi Health in a research report on Thursday, May 21st. They issued a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Optimi Health Price Performance

Shares of NASDAQ OPTH traded down $0.61 during midday trading on Thursday, hitting $4.06. The stock had a trading volume of 106,414 shares, compared to its average volume of 194,848. Optimi Health has a fifty-two week low of $4.00 and a fifty-two week high of $6.40.

Optimi Health (NASDAQ:OPTH) last released its earnings results on Monday, June 1st. The company reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.01). The firm had revenue of $0.07 million during the quarter.