Else Nutrition Holdings Inc. (OTCMKTS:BABYF) Sees Large Growth in Short Interest

Else Nutrition Holdings Inc. (OTCMKTS:BABYFGet Free Report) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 146,500 shares, a growth of 65.9% from the January 31st total of 88,300 shares. Based on an average daily volume of 726,100 shares, the days-to-cover ratio is currently 0.2 days.

Else Nutrition Stock Down 25.7 %

Shares of BABYF traded down $0.00 during trading hours on Friday, hitting $0.01. The company had a trading volume of 209,874 shares, compared to its average volume of 574,430. The business has a fifty day moving average of $0.02 and a 200-day moving average of $0.02. Else Nutrition has a 12 month low of $0.01 and a 12 month high of $0.25. The firm has a market cap of $2.66 million, a price-to-earnings ratio of -0.08 and a beta of 2.67.

About Else Nutrition

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Else Nutrition Holdings Inc focuses on the research, development, manufacturing, marketing, and sale of plant-based food and nutrition products for infants, toddlers, children's, and adults in North America, Israel, Australia, and New Zealand. It offers baby and toddler snacks; baby feeding accessories, such as feeding bottles and teats; plant-based baby and toddler nutrition formula products; kids and adult nutrition products; and complementary food products for babies, as well as toddler drink for toddlers ages 12-36 months; and follow-on formula for infants.

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