Short Interest in FitLife Brands, Inc. (NASDAQ:FTLF) Rises By 109.2%

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

FitLife Brands Stock Up 0.9 %

FitLife Brands stock opened at $15.15 on Friday. The firm has a market capitalization of $69.84 million, a price-to-earnings ratio of 8.96 and a beta of 0.96. The firm has a 50 day simple moving average of $15.86 and a 200 day simple moving average of $16.04. FitLife Brands has a 1-year low of $10.51 and a 1-year high of $17.75. The company has a current ratio of 1.50, a quick ratio of 0.64 and a debt-to-equity ratio of 0.28.

Hedge Funds Weigh In On FitLife Brands

Several hedge funds have recently made changes to their positions in FTLF. Geode Capital Management LLC boosted its stake in 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 purchasing an additional 1,045 shares during the period. Barclays PLC purchased a new stake in shares of FitLife Brands in the third quarter worth about $91,000. Bard Associates Inc. bought a new position in shares of FitLife Brands in the fourth quarter valued at approximately $211,000. Finally, Northern Trust Corp purchased a new position in FitLife Brands during the fourth quarter valued at approximately $409,000. 2.32% of the stock is currently owned by hedge funds and other institutional investors.

About FitLife Brands

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.