Short Interest in Earth Science Tech, Inc. (OTCMKTS:ETST) Decreases By 51.1%

Earth Science Tech, Inc. (OTCMKTS:ETST) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 6,913 shares, a drop of 51.1% from the June 15th total of 14,124 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 67,849 shares, the short-interest ratio is currently 0.1 days.

Earth Science Tech Stock Performance

Shares of OTCMKTS ETST opened at $0.17 on Thursday. Earth Science Tech has a 52 week low of $0.00 and a 52 week high of $0.24. The business has a 50-day simple moving average of $0.17 and a two-hundred day simple moving average of $0.14.

Earth Science Tech (OTCMKTS:ETST) last released its quarterly earnings data on Thursday, June 18th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. The company had revenue of $9.50 million during the quarter, compared to analyst estimates of $8.91 million. Earth Science Tech had a net margin of 10.11% and a return on equity of 65.02%. On average, equities research analysts expect that Earth Science Tech will post 0.01 EPS for the current fiscal year.

Earth Science Tech Company Profile

Earth Science Tech, Inc is a biotechnology company focused on the development, manufacturing and distribution of nutritional, electrolyte and cannabinoid‐infused products. Trading on the OTC Markets under the symbol ETST, the company’s core business centers on proprietary rehydration solutions and hemp‐derived nutraceuticals designed to support wellness, recovery and immune function.

The company’s flagship line includes DripDrop® Oral Rehydration Solutions, a clinically tested formula created to promote rapid hydration and electrolyte balance.