Short Interest in Else Nutrition Holdings Inc. (OTCMKTS:BABYF) Declines By 60.4%

Else Nutrition Holdings Inc. (OTCMKTS:BABYF) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 702,000 shares, a drop of 60.4% from the December 15th total of 1,771,500 shares. Based on an average daily trading volume, of 2,949,300 shares, the days-to-cover ratio is currently 0.2 days.

Else Nutrition Stock Down 13.8 %

OTCMKTS BABYF opened at $0.01 on Tuesday. Else Nutrition has a 12-month low of $0.01 and a 12-month high of $0.26. The firm has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.05. The company has a market capitalization of $2.72 million, a P/E ratio of -0.10 and a beta of 2.55.

About Else Nutrition

Else Nutrition Holdings Inc focuses on the research, development, manufacturing, marketing, and sale of plant-based food and nutrition products for infants, toddlers, children's, and adults in North America, Israel, Australia, and New Zealand. It offers baby and toddler snacks; baby feeding accessories, such as feeding bottles and teats; plant-based baby and toddler nutrition formula products; kids and adult nutrition products; and complementary food products for babies, as well as toddler drink for toddlers ages 12-36 months; and follow-on formula for infants.