Else Nutrition Holdings Inc. (OTCMKTS:BABYF) Sees Significant Drop in Short Interest

Else Nutrition Holdings Inc. (OTCMKTS:BABYF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 863,700 shares, a drop of 24.7% from the August 31st total of 1,147,700 shares. Based on an average daily trading volume, of 548,300 shares, the days-to-cover ratio is currently 1.6 days.

Else Nutrition Price Performance

Shares of BABYF stock remained flat at $0.03 during trading hours on Friday. 277,205 shares of the stock were exchanged, compared to its average volume of 237,052. The firm has a fifty day moving average of $0.06 and a two-hundred day moving average of $0.13. Else Nutrition has a twelve month low of $0.02 and a twelve month high of $0.56. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.08 and a quick ratio of 0.37. The firm has a market capitalization of $3.62 million, a price-to-earnings ratio of -0.36 and a beta of 3.14.

Else Nutrition (OTCMKTS:BABYF) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share for the quarter. Else Nutrition had a negative net margin of 144.52% and a negative return on equity of 249.26%. The business had revenue of $1.92 million for the quarter.

Else Nutrition Company Profile

Else Nutrition Holdings Inc focuses on the research, development, manufacturing, marketing, and sale of plant-based food and nutrition products for infants, toddlers, children's, and adults in North America, Israel, Australia, and New Zealand. It offers baby and toddler snacks; baby feeding accessories, such as feeding bottles and teats; plant-based baby and toddler nutrition formula products; kids and adult nutrition products; and complementary food products for babies, as well as toddler drink for toddlers ages 12-36 months; and follow-on formula for infants.