FitLife Brands, Inc. (NASDAQ:FTLF) Short Interest Down 7.5% in September

FitLife Brands, Inc. (NASDAQ:FTLF) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 8,600 shares, a drop of 7.5% from the September 15th total of 9,300 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 1.9 days.

Wall Street Analysts Forecast Growth

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

FitLife Brands Stock Performance

Shares of FTLF traded down $0.33 during trading hours on Thursday, reaching $31.85. 2,319 shares of the company’s stock traded hands, compared to its average volume of 6,261. The business’s fifty day simple moving average is $32.47 and its two-hundred day simple moving average is $30.93. The firm has a market capitalization of $146.45 million, a price-to-earnings ratio of 21.46 and a beta of 0.99. FitLife Brands has a twelve month low of $18.00 and a twelve month high of $35.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 0.59.

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 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%. Analysts predict that FitLife Brands will post 1.93 earnings per share for the current 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.