Tofutti Brands, Inc. (OTCMKTS:TOFB) Short Interest Up 330.0% in December

Tofutti Brands, Inc. (OTCMKTS:TOFB) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 4,300 shares, a growth of 330.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 0.8 days.

Shares of TOFB stock opened at $2.61 on Friday. Tofutti Brands has a 52-week low of $1.82 and a 52-week high of $3.74. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.48 and a current ratio of 4.79. The stock’s 50-day moving average price is $2.51 and its 200 day moving average price is $2.77.

Tofutti Brands (OTCMKTS:TOFB) last released its quarterly earnings data on Tuesday, November 16th. The company reported $0.02 EPS for the quarter. Tofutti Brands had a net margin of 3.02% and a return on equity of 9.14%. The business had revenue of $3.36 million for the quarter.

About Tofutti Brands

Tofutti Brands, Inc engages in the development, production, and market of non-dairy frozen desserts and other food products. The company was founded by David Mintz in August 1981 and is headquartered in Cranford, NJ.

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