Smart for Life, Inc. (NASDAQ:SMFL) Short Interest Down 93.1% in April

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

Smart for Life Stock Down 19.7 %

Smart for Life stock traded down $0.86 during trading on Thursday, reaching $3.50. 585,408 shares of the company’s stock were exchanged, compared to its average volume of 552,293. The company’s 50-day moving average is $5.22 and its two-hundred day moving average is $9.19. The company has a debt-to-equity ratio of 8.93, a quick ratio of 0.04 and a current ratio of 0.18. Smart for Life has a 52-week low of $2.27 and a 52-week high of $478.17. The firm has a market cap of $385,000.00, a price-to-earnings ratio of 0.00 and a beta of 0.86.

About Smart for Life

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.