Short Interest in Else Nutrition Holdings Inc. (OTCMKTS:BABYF) Drops By 24.7%

Else Nutrition Holdings Inc. (OTCMKTS:BABYF) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 863,700 shares, a decrease of 24.7% from the August 31st total of 1,147,700 shares. Based on an average trading volume of 548,300 shares, the short-interest ratio is currently 1.6 days.

Else Nutrition Price Performance

Shares of OTCMKTS:BABYF traded down $0.00 on Friday, reaching $0.03. 229,205 shares of the company were exchanged, compared to its average volume of 236,796. The company has a current ratio of 1.08, a quick ratio of 0.37 and a debt-to-equity ratio of 0.01. Else Nutrition has a 1-year low of $0.02 and a 1-year high of $0.56. The company has a 50-day moving average of $0.06 and a 200-day moving average of $0.13. The firm has a market cap of $4.11 million, a price-to-earnings ratio of -0.36 and a beta of 3.14.

Else Nutrition (OTCMKTS:BABYF) last issued its earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. Else Nutrition had a negative net margin of 144.52% and a negative return on equity of 249.26%. The company had revenue of $1.92 million during the quarter.

Else Nutrition Company Profile

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.