FitLife Brands, Inc. (NASDAQ:FTLF) Short Interest Update

FitLife Brands, Inc. (NASDAQ:FTLF) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 8,300 shares, a growth of 10.7% from the October 31st total of 7,500 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 10,100 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On FitLife Brands

A hedge fund recently bought a new stake in FitLife Brands stock. Barclays PLC acquired a new stake in FitLife Brands, Inc. (NASDAQ:FTLF) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,785 shares of the company’s stock, valued at approximately $91,000. Barclays PLC owned about 0.06% of FitLife Brands as of its most recent filing with the Securities & Exchange Commission. 2.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FTLF has been the topic of a number of research analyst reports. Roth Mkm began coverage on shares of FitLife Brands in a report on Tuesday, September 3rd. They issued a “buy” rating and a $40.00 price target on the stock. Roth Capital raised FitLife Brands to a “strong-buy” rating in a research note on Tuesday, September 3rd.

FitLife Brands Trading Down 1.1 %

Shares of FTLF stock traded down $0.37 on Tuesday, hitting $32.98. 8,413 shares of the company’s stock traded hands, compared to its average volume of 21,047. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.64 and a current ratio of 1.50. The stock has a market capitalization of $151.71 million, a price-to-earnings ratio of 19.51 and a beta of 0.96. The company’s fifty day simple moving average is $32.43 and its 200 day simple moving average is $31.87. FitLife Brands has a one year low of $18.87 and a one year high of $35.49.

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.