Sparta Commercial Services, Inc. (OTCMKTS:SRCO) Sees Significant Increase in Short Interest

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 34,800 shares, a growth of 27.5% from the January 31st total of 27,300 shares. Based on an average daily volume of 118,800 shares, the short-interest ratio is currently 0.3 days.

Sparta Commercial Services Trading Down 1.2 %

OTCMKTS SRCO traded down $0.00 during trading hours on Thursday, hitting $0.28. 25,000 shares of the company’s stock traded hands, compared to its average volume of 62,395. Sparta Commercial Services has a 52 week low of $0.07 and a 52 week high of $0.45. The firm has a market capitalization of $11.08 million, a P/E ratio of -9.38 and a beta of -1.04. The business’s fifty day moving average price is $0.22 and its two-hundred day moving average price is $0.28.

Sparta Commercial Services (OTCMKTS:SRCO) last posted its quarterly earnings data on Monday, December 23rd. The financial services provider reported ($0.01) EPS for the quarter.

Sparta Commercial Services Company Profile

Sparta Commercial Services, Inc develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. It offers mobile applications for vehicle dealerships, racetracks, private clubs, country clubs, schools and entertainment venues, restaurants, grocery stores, and various other merchant types.