Smart for Life, Inc. (NASDAQ:SMFL – Get Rating) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 849,600 shares, a growth of 61.5% from the November 30th total of 526,200 shares. Approximately 5.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 95,200 shares, the short-interest ratio is presently 8.9 days.

Smart for Life Stock Performance

Shares of Smart for Life stock traded up $0.01 during trading on Friday, reaching $0.24. 391,181 shares of the stock traded hands, compared to its average volume of 122,613. The business has a fifty day simple moving average of $0.36 and a two-hundred day simple moving average of $0.45. The company has a current ratio of 0.49, a quick ratio of 0.16 and a debt-to-equity ratio of 6.58. Smart for Life has a 52-week low of $0.19 and a 52-week high of $3.25.

Insiders Place Their Bets

In other Smart for Life news, major shareholder Trilogy Capital Group, Llc sold 1,161,000 shares of the stock in a transaction on Friday, December 16th. The stock was sold at an average price of $0.26, for a total value of $301,860.00. Following the completion of the sale, the insider now owns 5,229,000 shares in the company, valued at approximately $1,359,540. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

Smart for Life Company Profile

(Get Rating)

Smart for Life, Inc acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements; dietary supplements; nutritional supplements for athletes and active lifestyle consumers comprising powders, tablets, and soft gels; and various nutritional supplements.

Featured Articles

• Get a free copy of the StockNews.com research report on Smart for Life (SMFL)
• MarketBeat: Week in Review 12/26 – 12/30
• The Dogs Of Tech: It's Time For A Bite Of These Stocks
• Does This Acquisition Make Microsoft a Bear Market Buy?
• Should You Warm up to Generac Stock for the Winter?
• Is Kintara Therapeutics A Hidden Gem?

Receive News & Ratings for Smart for Life Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart for Life and related companies with MarketBeat.com's FREE daily email newsletter.