Short Interest in FitLife Brands, Inc. (NASDAQ:FTLF) Expands By 38.8%

FitLife Brands, Inc. (NASDAQ:FTLF) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 9,300 shares, a growth of 38.8% from the August 31st total of 6,700 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is currently 1.6 days.

Analyst Ratings Changes

FTLF has been the subject of a number of recent analyst reports. Roth Mkm assumed coverage on shares of FitLife Brands in a research note on Tuesday, September 3rd. They issued a “buy” rating and a $40.00 price target for the company. Roth Capital raised shares of FitLife Brands to a “strong-buy” rating in a report on Tuesday, September 3rd.

FitLife Brands Stock Performance

Shares of NASDAQ FTLF traded up $0.15 during midday trading on Friday, hitting $33.23. 7,711 shares of the company’s stock were exchanged, compared to its average volume of 6,550. 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 firm has a market capitalization of $152.79 million, a PE ratio of 22.45 and a beta of 1.00. FitLife Brands has a 12 month low of $17.50 and a 12 month high of $35.00. The company’s 50 day moving average price is $32.32 and its 200 day moving average price is $30.09.

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

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.