MusclePharm Co. (OTCMKTS:MSLP) Sees Significant Drop in Short Interest

MusclePharm Co. (OTCMKTS:MSLP) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 900 shares, a drop of 94.0% from the August 15th total of 15,000 shares. Based on an average daily trading volume, of 50,400 shares, the short-interest ratio is presently 0.0 days.

Shares of MusclePharm stock traded down $0.04 on Wednesday, hitting $0.85. 2,438 shares of the company traded hands, compared to its average volume of 20,416. The business has a 50-day simple moving average of $1.43 and a 200 day simple moving average of $1.29. MusclePharm has a 52 week low of $0.04 and a 52 week high of $3.00. The stock has a market capitalization of $29.20 million, a P/E ratio of -85,005.00 and a beta of 0.39.

About MusclePharm

MusclePharm Corp. engages in the development, manufacture, and distribution of branded sports nutrition products and nutritional supplements. It offers a broad range of performance powders, capsules, tablets, and gels that satisfy the needs of enthusiasts and professionals alike. It focuses on MusclePharm and FitMiss brands.

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