Else Nutrition Holdings Inc. (OTCMKTS:BABYF – Get Rating) was the recipient of a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 135,300 shares, a drop of 54.5% from the July 31st total of 297,600 shares. Based on an average daily volume of 269,300 shares, the days-to-cover ratio is currently 0.5 days.
Analyst Ratings Changes
Separately, Canaccord Genuity Group decreased their price target on Else Nutrition from C$2.50 to C$2.00 and set a "buy" rating for the company in a report on Thursday, June 30th.
Get Else Nutrition alerts:Else Nutrition Price Performance
Else Nutrition stock traded up $0.05 during midday trading on Friday, reaching $0.62. The company's stock had a trading volume of 170,573 shares, compared to its average volume of 151,135. The stock's 50 day simple moving average is $0.55 and its 200 day simple moving average is $0.83. Else Nutrition has a fifty-two week low of $0.42 and a fifty-two week high of $2.48.
About Else Nutrition
(Get Rating)Else Nutrition Holdings Inc engages in the development, production, and sale of food and nutrition products for infants, toddlers, children, and adults in North America and Israel. It offers baby snacks; baby feeding accessories, such as feeding bottles and teats; plant-based baby formula products; toddler, children, and adult nutrition products; and complementary food products.
See Also
- Get a free copy of the StockNews.com research report on Else Nutrition (BABYF)
- Why This Dip in Advanced Auto Parts May be an Opportunity
- MarketBeat: Week in Review 8/22 – 8/26
- Institutional Buying Put A Bottom In Marvell Technology
- Dell Stock Retreats On Weaker Sales, Falls Into Value Terrirtory
- 3 Reasons Dollar General's Rally Has Legs
Receive News & Ratings for Else Nutrition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Else Nutrition and related companies with MarketBeat.com's FREE daily email newsletter.