FitLife Brands, Inc. (NASDAQ:FTLF) Short Interest Up 20.0% in February

FitLife Brands, Inc. (NASDAQ:FTLF) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 24,600 shares, a growth of 20.0% from the January 31st total of 20,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 17,000 shares, the days-to-cover ratio is presently 1.4 days.

FitLife Brands Trading Up 1.2 %

NASDAQ:FTLF opened at $14.85 on Friday. The stock’s 50 day moving average price is $15.46 and its 200 day moving average price is $16.01. The company has a market capitalization of $136.77 million, a PE ratio of 17.57 and a beta of 0.95. The company has a quick ratio of 0.64, a current ratio of 1.50 and a debt-to-equity ratio of 0.28. FitLife Brands has a 52-week low of $10.60 and a 52-week high of $17.75.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Barclays PLC purchased a new position in FitLife Brands during the 3rd quarter worth approximately $91,000. Bard Associates Inc. purchased a new position in shares of FitLife Brands in the 4th quarter valued at approximately $211,000. 683 Capital Management LLC purchased a new position in shares of FitLife Brands in the 4th quarter valued at approximately $384,000. Northern Trust Corp purchased a new position in shares of FitLife Brands in the 4th quarter valued at approximately $409,000. Finally, Geode Capital Management LLC grew its stake 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 valued at $726,000 after purchasing an additional 1,144 shares during the last quarter. Hedge funds and other institutional investors own 2.32% of the company’s stock.

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.