Optimi Health Corp. (NASDAQ:OPTH) Sees Significant Growth in Short Interest

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

Analyst Ratings Changes

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 set a “sell (d-)” rating on the stock. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

Optimi Health Trading Up 12.1%

NASDAQ OPTH traded up $0.49 on Friday, hitting $4.55. 264,018 shares of the company’s stock were exchanged, compared to its average volume of 199,176. 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 quarterly earnings data on Monday, June 1st. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.01). The company had revenue of $0.07 million during the quarter.