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

FitLife Brands, Inc. (NASDAQ:FTLF) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 6,700 shares, a growth of 45.7% from the August 15th total of 4,600 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is presently 0.9 days.

Wall Street Analyst Weigh In

A number of research firms recently commented on FTLF. Roth Capital raised shares of FitLife Brands to a “strong-buy” rating in a research note on Tuesday, September 3rd. Roth Mkm initiated coverage on FitLife Brands in a report on Tuesday, September 3rd. They issued a “buy” rating and a $40.00 target price for the company.

FitLife Brands Trading Up 2.1 %

NASDAQ:FTLF opened at $33.74 on Monday. The stock has a market cap of $155.14 million, a PE ratio of 22.33 and a beta of 1.00. FitLife Brands has a fifty-two week low of $15.05 and a fifty-two week high of $35.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 0.59. The stock’s 50-day moving average is $32.17 and its two-hundred day moving average is $29.31.

FitLife Brands (NASDAQ:FTLF) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.53 EPS for the quarter. The business had revenue of $16.93 million during the quarter. FitLife Brands had a net margin of 13.12% and a return on equity of 28.06%. As a group, equities research analysts forecast that FitLife Brands will post 1.93 earnings per share for the current fiscal year.

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.