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

FitLife Brands, Inc. (NASDAQ:FTLF) was the target of a large growth in short interest in 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. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

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

FitLife Brands Stock Down 1.6 %

FTLF stock opened at $33.05 on Monday. 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 firm has a market capitalization of $151.96 million, a P/E ratio of 22.33 and a beta of 1.00. FitLife Brands has a 52-week low of $15.05 and a 52-week high of $35.00. The company’s 50 day simple moving average is $32.17 and its 200-day simple moving average is $29.31.

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