November 28, 2016 - By Darrin Black · 0 Comments
The stock of CATASYS INCORPORATED (OTCMKTS:CATS) registered a decrease of 8.91% in short interest. CATS’s total short interest was 45,000 shares in November as published by FINRA. Its down 8.91% from 49,400 shares, reported previously. With 35,000 shares average volume, it will take short sellers 1 days to cover their CATS’s short positions. About 18,545 shares traded hands. CATASYS INC COM USD0.001 (OTCMKTS:CATS) has risen 63.77% since April 25, 2016 and is uptrending. It has outperformed by 57.75% the S&P500.
Catasys, Inc., incorporated on October 29, 2003, is a well-known provider of data analytics based specialized behavioral health management and treatment services to health plans through its OnTrak program. The Company’s program utilizes member engagement and patient centric treatment that integrates evidence based medical and psychosocial interventions along with care coaching in a 52-week outpatient program. The Firm operates through healthcare services segment. The healthcare services segment includes OnTrak and its integrated substance dependence solutions marketed to health plans, other third-party payers through a network of licensed, and Company managed healthcare providers. The Company’s initial focus was on members with substance use disorders. It operates its OnTrak for substance dependence program in Florida, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, New Jersey, Oklahoma, Pennsylvania, Texas, West Virginia and Wisconsin, and its OnTrak for anxiety program in Kansas. It provides services to commercial (employer funded), managed Medicare Advantage and managed Medicaid populations.
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By Darrin Black