72 /100
HIGH RISK
Score updated Jul 14, 2026

OTRKQ — Ontrak, Inc. Dilution Risk Tracker

Track OTRKQ dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 14, 2026, Ontrak, Inc. (OTRKQ) has a DilutionWatch DilutionScore of 72/100, rated HIGH dilution risk. Ontrak, Inc. has a market capitalization of $708, 4.22M shares outstanding, 77 institutional holders tracked. Key dilution vectors include 530.3K outstanding warrants, approximately 2 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

📊 Score Breakdown

📋 Offering Ability
60
💰 Cash Runway
95
📊 Float Risk
57
⚠️ Warrant Exposure
50
🔄Convertible Debt

🌦️ Dilution Forecast

⛈️
Warning
High probability of dilution event
49%
🔁 Convertible Conversion 60%
• Major convertible overhang: 42373% potential dilution
• Convertible risk score very high (85/100)
💰 Capital Raise 55%
• Critical: only 1.8 months cash remaining
📜 Warrant Exercise 15%
• Warrant overhang: 12.6% of shares outstanding
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💹 Market Data

Market Cap$708
Shares Outstanding4.22M
Float2.04M
Cash$3.23M
Debt$4.41M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 38.7% shares (2026Q1 vs prior)
77 institutional holders · 76.81M shares
#1 VANGUARD CAPITAL MANAGEMENT LLC 10.28M shares
#2 MORGAN STANLEY 8.48M shares
#3 Aberdeen Group plc 8.24M shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest1.3K
Days to Cover3.0
% of Float0.1%
FINRA data as of Jun 30, 2026

📁 Recent SEC Activity

xbrl XBRL WARRANT Dec 31, 2024
xbrl XBRL CONVERTIBLE Dec 31, 2024
Full SEC filing analysis available with free account

📰 Recent News

No recent news

📋 What This Means for OTRKQ Shareholders

Ontrak, Inc. (OTRKQ) has a DilutionScore of 72/100, placing it in the High dilution risk tier. This score reflects at least one active dilution mechanism — a shelf registration, ATM program, outstanding warrants, or limited cash runway — that could materially increase the share count over the next 12–18 months. Score as of July 14, 2026, updated from SEC EDGAR data.

DilutionWatch tracks 530,303 outstanding warrants for OTRKQ. Warrants become dilutive when exercised — converting to common shares at the strike price. Warrants near or in-the-money deserve particular attention since exercise can add materially to the outstanding share count within a short window. Cash runway is a key watch item: OTRKQ has approximately 2 months of runway at current burn rate. Companies with less than 18 months of runway are statistically more likely to file new shelf registrations or ATM programs within the next two quarters. DilutionWatch monitors SEC 10-Q filings to update this estimate each quarter.

DilutionWatch tracks over 25 SEC filing types for OTRKQ in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for OTRKQ alongside comparable high-risk stocks. Not financial advice — this analysis is for informational purposes only.

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