Else Nutrn Hldg (OTCMKTS:BABYF) Short Interest Up 428.1% in August

Else Nutrn Hldg (OTCMKTS:BABYF) was the target of a large growth in short interest in August. As of August 15th, there was short interest totaling 73,400 shares, agrowthof428.1% from the July 31st total of 13,900 shares. Based on an average daily volume of 456,900 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 456,900 shares, the days-to-cover ratio is presently 0.2 days.

Else Nutrn Stock Up 17.6%

Shares of BABYF opened at $0.03 on Wednesday. The company has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.02. The company has a market capitalization of $11.22 million, a PE ratio of -0.33 and a beta of 1.30. Else Nutrn has a 52-week low of $0.01 and a 52-week high of $0.08.

Else Nutrn (OTCMKTS:BABYF) last posted its earnings results on Thursday, August 21st. The company reported ($0.01) earnings per share for the quarter. Else Nutrn had a negative net margin of 168.06% and a negative return on equity of 468.94%. The business had revenue of $1.45 million for the quarter.

About Else Nutrn

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.