Short Interest in FitLife Brands, Inc. (NASDAQ:FTLF) Decreases By 14.4%

FitLife Brands, Inc. (NASDAQ:FTLF - Get Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totalling 9,500 shares, a drop of 14.4% from the July 15th total of 11,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 1.1 days.

Insider Activity at FitLife Brands

In other FitLife Brands news, insider Patrick John Phillip Ryan sold 4,000 shares of FitLife Brands stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $31.00, for a total transaction of $124,000.00. Following the transaction, the insider now directly owns 6,544 shares of the company's stock, valued at $202,864. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 61.20% of the stock is currently owned by insiders.

FitLife Brands Stock Down 0.9 %

Shares of FTLF stock traded down $0.28 during mid-day trading on Friday, reaching $30.90. 3,581 shares of the company's stock traded hands, compared to its average volume of 6,984. FitLife Brands has a 12 month low of $15.05 and a 12 month high of $35.00. The company has a market cap of $142.08 million, a P/E ratio of 20.88 and a beta of 1.01. The company has a quick ratio of 0.52, a current ratio of 1.27 and a debt-to-equity ratio of 0.40. The company's 50-day moving average price is $31.52 and its 200-day moving average price is $27.77.

FitLife Brands (NASDAQ:FTLF - Get Free Report) last released its quarterly earnings results on Tuesday, May 14th. The company reported $0.43 EPS for the quarter. FitLife Brands had a net margin of 12.48% and a return on equity of 28.66%. The firm had revenue of $16.55 million during the quarter.

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.