FitLife Brands, Inc. (NASDAQ:FTLF) is seeing a significant increase in short interest

FitLife Brands, Inc. (NASDAQ:FTLF – Get Free Report ) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 9,300 shares, an increase of 38.8% from the August 31st total of 6,700 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 5,700 shares, the short interest rate is currently 1.6 days.

FitLife Brands Stock Performance

Shares of FitLife Brands traded up $0.15 during mid-day trading on Friday, reaching $33.23. 7,711 shares of the company’s stock were exchanged, compared to its average volume of 6,550. The firm has a market cap of $152.79 million, a PE ratio of 22.45 and a beta of 1.00. The company has a quick ratio of 0.59, a current ratio of 1.38, and a debt-to-equity ratio of 0.34. The company’s fifty-day simple moving average is $32.32, and its 200-day simple moving average is $30.03. FitLife Brands has a one year low of $17.50 and a one year high of $35.00.

FitLife Brands (NASDAQ:FTLF – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.53 earnings per share for the quarter. The company had revenue of $16.93 million for the quarter. FitLife Brands had a net margin of 13.12% and a return on equity of 28.06%. On average, sell-side analysts expect that FitLife Brands will post 1.93 earnings per share for the current year.

Analysts on Wall Street are forecasting an increase

Several research analysts have recently issued reports on FTLF shares. Roth Mkm assumed coverage on FitLife Brands in a research report on Tuesday, September 3rd. They set a “buy” rating and a $40.00 price target on the stock. Roth Capital upgraded shares of FitLife Brands to a “strong-buy” rating in a research note on Tuesday, September 3rd.

Read our latest inventory analysis of FitLife brands

FitLife Brands Company Profile

(Get a free report)

FitLife Brands, Inc provides nutritional supplements to health conscious consumers in the United States and internationally. The company offers weight loss, sports nutrition and general health products; Sports nutrition products; slimming and sports nutrition products; sports nutrition and general health formulations with a focus on natural, vegan and organic ingredients; and men’s health and weight loss products, as well as other dietary, health and sports nutrition supplements and related products; and value-oriented sports nutrition and weight loss products.

Further reading

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