FitLife Brands, Inc. (NASDAQ:FTLF) Short Interest Update

FitLife Brands, Inc. (NASDAQ:FTLF) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 20,500 shares, a growth of 109.2% from the January 15th total of 9,800 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FTLF. Barclays PLC bought a new stake in FitLife Brands during the third quarter valued at $91,000. Geode Capital Management LLC increased its stake in FitLife Brands by 5.4% in the 3rd quarter. Geode Capital Management LLC now owns 22,157 shares of the company’s stock worth $726,000 after acquiring an additional 1,144 shares during the last quarter. Finally, Bard Associates Inc. purchased a new stake in shares of FitLife Brands in the 4th quarter valued at about $211,000. Institutional investors own 2.32% of the company’s stock.

FitLife Brands Price Performance

FitLife Brands stock traded down $0.69 during midday trading on Thursday, reaching $15.01. 11,042 shares of the stock were exchanged, compared to its average volume of 17,357. FitLife Brands has a 52 week low of $10.51 and a 52 week high of $17.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.64 and a current ratio of 1.50. The firm has a market cap of $69.20 million, a PE ratio of 8.88 and a beta of 0.96. The company’s fifty day moving average is $15.90 and its 200-day moving average is $16.06.

FitLife Brands Company Profile

FitLife Brands, Inc provides nutritional supplements for health-conscious consumers in the United States and internationally. The company provides weight loss, sports nutrition, and general health products; sports nutrition products; weight loss and sports nutrition products; sports nutrition and general wellness formulations with an emphasis on natural, vegan, and organic ingredients; and male health and weight loss products, as well as other diet, health, and sports nutrition supplements and related products; and value-oriented sports nutrition and weight loss products.