Sparta Commercial Services, Inc. (OTCMKTS:SRCO) Short Interest Update

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 11,681 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 23,888 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Sparta Commercial Services Price Performance

OTCMKTS:SRCO opened at $0.06 on Monday. The firm has a market capitalization of $3.37 million, a P/E ratio of -1.00 and a beta of 0.02. The company has a fifty day moving average of $0.08 and a 200 day moving average of $0.09. Sparta Commercial Services has a 52 week low of $0.06 and a 52 week high of $0.22.

Sparta Commercial Services (OTCMKTS:SRCO) last announced its quarterly earnings results on Thursday, August 13th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $0.06 million for the quarter.

About Sparta Commercial Services

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. The company also owns and manages websites, which sell motorcycle, recreational vehicle, and truck title history reports for consumers, retailers, municipals, nonprofits, auction houses, banks, and insurance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services.