Smart for Life, Inc. (NASDAQ:SMFL) Short Interest Update

Smart for Life, Inc. (NASDAQ:SMFL) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 45,500 shares, a decrease of 88.9% from the May 31st total of 409,300 shares. Based on an average trading volume of 1,620,000 shares, the short-interest ratio is presently 0.0 days.

Smart for Life Stock Performance

Shares of SMFL stock traded up $0.11 on Friday, hitting $2.96. The company’s stock had a trading volume of 209,908 shares, compared to its average volume of 891,925. The company has a debt-to-equity ratio of 8.93, a quick ratio of 0.04 and a current ratio of 0.18. The stock’s 50 day moving average is $3.31 and its 200-day moving average is $5.92. Smart for Life has a fifty-two week low of $2.27 and a fifty-two week high of $53.91. The company has a market capitalization of $325,600.00, a PE ratio of 0.00 and a beta of 1.02.

About Smart for Life

Smart for Life, Inc acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements under the Smart for Life brand; dietary supplements; and nutritional products, including whey protein isolate powder, tablet supplements for joint health, nitric oxide, post workout blends, Omega-3 supplements, and pre-workout supplements under the Sports Illustrated Nutrition brand for athletes and active lifestyle consumers.