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

September 17, 2017 - By Stephen Andrade

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

The stock of Catasys Incorporated (NASDAQ:CATS) registered a decrease of 12.31% in short interest. CATS’s total short interest was 108,300 shares in September as published by FINRA. Its down 12.31% from 123,500 shares, reported previously. With 51,600 shares average volume, it will take short sellers 2 days to cover their CATS’s short positions.

The stock decreased 0.20% or $0.01 on September 15, reaching $5.02. About 70,268 shares traded or 42.53% up from the average. Catasys, Inc. (NASDAQ:CATS) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

More notable recent Catasys, Inc. (NASDAQ:CATS) news were published by: Prnewswire.com which released: “Catasys, Inc. Issues Letter to Shareholders” on December 16, 2016, also Businesswire.com with their article: “Catasys Expands OnTrak-A Solution to Connecticut with Leading National Health …” published on August 23, 2017, Businesswire.com published: “Catasys Chief Medical Officer, Dr. Omar Manejwala to Present at TAHP Medical …” on September 07, 2017. 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 Businesswire.com‘s news article titled: “Catasys to Present at the Dougherty & Company Institutional Investor …” with publication date: September 12, 2017.

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