Else Nutrn Hldg (OTCMKTS:BABYF) Stock Short Interest Rises 53,177.6%

Else Nutrn Hldg (OTCMKTS:BABYF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 30,901 shares, a growth of 53,177.6% from the September 30th total of 58 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 126,846 shares, the days-to-cover ratio is presently 0.2 days.

Else Nutrn Stock Performance

Else Nutrn stock remained flat at $0.03 during mid-day trading on Monday. The company’s stock had a trading volume of 30,307 shares, compared to its average volume of 100,768. The company has a market cap of $248,296.00, a price-to-earnings ratio of -0.01 and a beta of 1.14. The firm’s 50 day simple moving average is $0.10 and its two-hundred day simple moving average is $0.05. Else Nutrn has a 12-month low of $0.01 and a 12-month high of $0.37.

Else Nutrn (OTCMKTS:BABYF) last posted its quarterly earnings results on Monday, September 14th. The company reported ($0.11) EPS for the quarter. The company had revenue of $0.74 million during the quarter.

About Else Nutrn

Else Nutrition Holdings Inc is a food and nutrition company focused on developing plant-based alternatives for infants, toddlers and children. The company markets products designed to provide complete or supplemental nutrition while avoiding traditional dairy- and soy-based ingredients.

Its product portfolio has included plant-based infant formula and toddler nutrition products, as well as children’s nutritional drinks, shakes and related offerings. Products are formulated using ingredients such as buckwheat, almonds and tapioca, with an emphasis on simplified formulations and “clean label” positioning.

Else Nutrition has primarily served consumers in North America through e-commerce and retail distribution channels.