FitLife Brands, Inc. (NASDAQ:FTLF) Short Interest Up 38.8% in September

FitLife Brands, Inc. (NASDAQ:FTLF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 9,300 shares, an increase of 38.8% from the August 31st total of 6,700 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is presently 1.6 days. Approximately 0.2% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

FTLF has been the subject of a number of recent analyst reports. Roth Mkm began coverage on shares of FitLife Brands in a report on Tuesday, September 3rd. They set 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 research 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. The company’s stock had a trading volume of 7,711 shares, compared to its average volume of 6,550. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.59 and a current ratio of 1.38. FitLife Brands has a 1-year low of $17.50 and a 1-year high of $35.00. The firm’s fifty day moving average price is $32.32 and its 200-day moving average price is $30.03. The firm has a market cap of $152.79 million, a P/E ratio of 22.45 and a beta of 1.00.

FitLife Brands (NASDAQ:FTLF) last posted its earnings results on Wednesday, August 14th. The company reported $0.53 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%. On average, sell-side analysts forecast that FitLife Brands will post 1.93 EPS 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.