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

FitLife Brands, Inc. (NASDAQ:FTLF) saw a significant increase in short interest in the month of 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. Currently, 0.2% of the company’s shares are short sold.

FitLife Brands Trading Up 0.5 %

FitLife Brands stock traded up $0.15 during trading hours on Friday, reaching $33.23. 7,711 shares of the company’s stock were exchanged, compared to its average volume of 6,550. The firm has a market capitalization of $152.79 million, a PE ratio of 22.45 and a beta of 1.00. 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’s 50 day simple moving average is $32.32 and its 200 day simple moving average is $30.03. FitLife Brands has a twelve month low of $17.50 and a twelve month high of $35.00.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FTLF. Roth Capital raised FitLife Brands to a “strong-buy” rating in a research report on Tuesday, September 3rd. Roth Mkm started coverage on FitLife Brands in a research note on Tuesday, September 3rd. They issued a “buy” rating and a $40.00 price objective on the 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.