FitLife Brands, Inc. (NASDAQ:FTLF) Short Interest Up 109.2% in January

FitLife Brands, Inc. (NASDAQ:FTLF - Get Free Report) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 20,500 shares, a growth of 109.2% from the January 15th total of 9,800 shares. Based on an average daily volume of 25,500 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On FitLife Brands

Several hedge funds have recently bought and sold shares of the company. Mink Brook Asset Management LLC purchased a new position in FitLife Brands during the fourth quarter valued at approximately $1,251,000. 683 Capital Management LLC bought a new stake in FitLife Brands during the fourth quarter valued at approximately $384,000. Northern Trust Corp bought a new stake in FitLife Brands during the fourth quarter valued at approximately $409,000. Geode Capital Management LLC lifted its holdings in shares of FitLife Brands by 4.7% in the 4th quarter. Geode Capital Management LLC now owns 23,202 shares of the company's stock worth $757,000 after acquiring an additional 1,045 shares during the last quarter. Finally, Bard Associates Inc. bought a new stake in shares of FitLife Brands in the 4th quarter worth approximately $211,000. Hedge funds and other institutional investors own 2.32% of the company's stock.

FitLife Brands Stock Performance

Shares of FTLF traded up $0.14 during trading hours on Monday, hitting $15.15. The company's stock had a trading volume of 12,530 shares, compared to its average volume of 8,244. The company has a market cap of $69.84 million, a price-to-earnings ratio of 8.96 and a beta of 0.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.50 and a quick ratio of 0.64. The business has a 50 day simple moving average of $15.84 and a two-hundred day simple moving average of $16.04. FitLife Brands has a 52-week low of $10.51 and a 52-week high of $17.75.

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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.