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

FitLife Brands, Inc. (NASDAQ:FTLF - Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 8,600 shares, a drop of 7.5% from the September 15th total of 9,300 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 1.9 days. Currently, 0.2% of the company's stock are short sold.

FitLife Brands Stock Performance

Shares of NASDAQ FTLF traded down $0.42 during midday trading on Thursday, reaching $31.76. The company had a trading volume of 2,495 shares, compared to its average volume of 6,262. The company has a current ratio of 1.38, a quick ratio of 0.59 and a debt-to-equity ratio of 0.34. The business's 50-day simple moving average is $32.51 and its 200 day simple moving average is $30.93. FitLife Brands has a 1 year low of $18.00 and a 1 year high of $35.00. The stock has a market cap of $146.03 million, a P/E ratio of 21.46 and a beta of 0.99.

FitLife Brands (NASDAQ:FTLF - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported $0.53 earnings per share (EPS) for the quarter. FitLife Brands had a net margin of 13.12% and a return on equity of 28.06%. The firm had revenue of $16.93 million during the quarter. On average, analysts forecast that FitLife Brands will post 1.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Roth Mkm initiated coverage on shares of FitLife Brands in a research note on Tuesday, September 3rd. They issued a "buy" rating and a $40.00 target price for the company. Roth Capital raised shares of FitLife Brands to a "strong-buy" rating in a report on Tuesday, September 3rd.

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.