Else Nutrition Holdings Inc. (OTCMKTS:BABYF) Sees Large Decline in Short Interest

Else Nutrition Holdings Inc. (OTCMKTS:BABYF) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 167,100 shares, a drop of 27.2% from the March 15th total of 229,500 shares. Based on an average daily volume of 1,668,700 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Else Nutrition Stock Performance

Shares of Else Nutrition stock opened at $0.01 on Friday. The company has a market capitalization of $2.71 million, a P/E ratio of -0.08 and a beta of 0.58. The company has a fifty day moving average of $0.01 and a 200 day moving average of $0.02. Else Nutrition has a fifty-two week low of $0.01 and a fifty-two week high of $0.23.

About Else Nutrition

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.