Smart for Life, Inc. (NASDAQ:SMFL) Sees Significant Decline in Short Interest

Smart for Life, Inc. (NASDAQ:SMFL) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 18,700 shares, a decrease of 93.1% from the March 31st total of 271,700 shares. Based on an average daily volume of 633,000 shares, the short-interest ratio is currently 0.0 days.

Smart for Life Stock Down 19.7 %

Shares of Smart for Life stock traded down $0.86 during trading on Thursday, reaching $3.50. The stock had a trading volume of 585,408 shares, compared to its average volume of 552,293. The company has a current ratio of 0.18, a quick ratio of 0.04 and a debt-to-equity ratio of 8.93. The company has a market capitalization of $385,000.00, a price-to-earnings ratio of 0.00 and a beta of 0.86. The stock has a fifty day moving average price of $5.22 and a two-hundred day moving average price of $9.19. Smart for Life has a 52 week low of $2.27 and a 52 week high of $478.17.

Smart for Life Company Profile

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 under the Smart for Life brand; dietary supplements; and nutritional products, including whey protein isolate powder, tablet supplements for joint health, nitric oxide, post workout blends, Omega-3 supplements, and pre-workout supplements under the Sports Illustrated Nutrition brand for athletes and active lifestyle consumers.