MusclePharm Co. (OTCMKTS:MSLP) Short Interest Down 64.8% in May

MusclePharm Co. (OTCMKTS:MSLPGet Rating) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 10,500 shares, a decline of 64.8% from the April 30th total of 29,800 shares. Based on an average daily volume of 24,300 shares, the days-to-cover ratio is currently 0.4 days.

OTCMKTS:MSLP opened at $0.23 on Thursday. The firm has a market capitalization of $7.51 million, a price-to-earnings ratio of -0.39 and a beta of 0.15. MusclePharm has a twelve month low of $0.14 and a twelve month high of $3.00. The stock’s 50 day moving average price is $0.26 and its two-hundred day moving average price is $0.38.

MusclePharm Company Profile (Get Rating)

MusclePharm Corporation develops, manufactures, markets, and distributes sports nutrition products and nutritional supplements in the United States and internationally. The company offers a range of performance powders, capsules, tablets, gels, and on-the-go ready to eat snacks. Its MusclePharm brand product portfolio includes combat protein powder and combat crunch protein bars; and essential supplements, such as a BCAA, creatine, glutamine, carnitine, CLA, fish oil, multi-vitamin, and other products.

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