Short Interest in Else Nutrn Hldg (OTCMKTS:BABYF) Rises By 126.7%

Else Nutrn Hldg (OTCMKTS:BABYF) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 410,109 shares, an increase of 126.7% from the April 30th total of 180,903 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 469,136 shares, the days-to-cover ratio is currently 0.9 days.

Else Nutrn Stock Performance

Shares of OTCMKTS BABYF opened at $0.02 on Friday. The stock has a market cap of $958,800.00, a P/E ratio of -0.03 and a beta of 0.78. The firm has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.07. Else Nutrn has a 52-week low of $0.02 and a 52-week high of $0.80.

Else Nutrn (OTCMKTS:BABYF) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter.

Else Nutrn Company Profile

Else Nutrition Holdings Inc is a plant-based infant and toddler nutrition company that develops dairy-free, soy-free and gluten-free formula powders under its flagship ELSE brand. The company’s core product line includes Stage 1 infant formula and Stage 3 toddler nutrition powders formulated with a proprietary blend of almond, buckwheat and tapioca ingredients designed to mimic the nutritional profile of traditional milk‐based formulas. These products are non-GMO and aim to address food sensitivities and allergen concerns in early childhood nutrition.

Founded in 2019 and headquartered in Tel Aviv, Israel, Else Nutrition began commercial sales in 2021 with initial distribution in Canada and Israel.