Else Nutrn Hldg (OTCMKTS:BABYF) Sees Significant Growth in Short Interest

Else Nutrn Hldg (OTCMKTS:BABYF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 79,216 shares, an increase of 70.4% from the August 31st total of 46,484 shares. Based on an average trading volume of 9,197 shares, the days-to-cover ratio is presently 8.6 days. Currently, 1.0% of the shares of the stock are short sold.

Else Nutrn Stock Performance

OTCMKTS BABYF opened at $0.07 on Friday. The company has a market capitalization of $554,881.00, a P/E ratio of -0.02 and a beta of 1.15. Else Nutrn has a one year low of $0.01 and a one year high of $0.37. The stock has a 50 day moving average price of $0.10 and a 200-day moving average price of $0.05.

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

About Else Nutrn

Else Nutrition Holdings Inc is a food and nutrition company focused on developing plant-based alternatives to conventional dairy- and soy-based nutrition products. The company’s portfolio is designed primarily for infants, toddlers and children, with an emphasis on clean-label formulations made from plant-based ingredients.

Its products include plant-based infant formula, toddler nutrition products, kids’ shakes and other nutritional offerings. Else has highlighted ingredients such as almonds, buckwheat and tapioca in its formulations, which are intended to provide alternatives for families seeking dairy-free, soy-free or vegan nutrition options.

Else Nutrition was founded in 2013 and serves customers through e-commerce and retail distribution channels, primarily in North America.