Short Interest in FitLife Brands, Inc. (NASDAQ:FTLF) Grows By 109.2%

FitLife Brands, Inc. (NASDAQ:FTLF) saw a significant 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. Based on an average trading volume of 25,500 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On FitLife Brands

Institutional investors have recently modified their holdings of the company. Barclays PLC bought a new stake in FitLife Brands in the 3rd quarter worth approximately $91,000. Bard Associates Inc. purchased a new position in shares of FitLife Brands during the fourth quarter worth approximately $211,000. Finally, Geode Capital Management LLC lifted its holdings in shares of 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. 2.32% of the stock is currently owned by institutional investors.

FitLife Brands Price Performance

FTLF traded down $0.69 during trading on Thursday, reaching $15.01. The stock had a trading volume of 11,042 shares, compared to its average volume of 17,357. 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 business has a 50-day moving average of $15.90 and a 200-day moving average of $16.06. FitLife Brands has a one year low of $10.51 and a one year high of $17.75. The stock has a market cap of $69.20 million, a PE ratio of 8.88 and a beta of 0.96.

About FitLife Brands

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.