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

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 4,766 shares, an increase of ∞ from the April 15th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 25,001 shares, the days-to-cover ratio is presently 0.2 days.

Sparta Commercial Services Stock Down 21.1%

Shares of OTCMKTS SRCO opened at $0.07 on Tuesday. The company’s fifty day moving average is $0.09 and its 200-day moving average is $0.11. The stock has a market cap of $3.81 million, a price-to-earnings ratio of -1.78 and a beta of 0.06. Sparta Commercial Services has a twelve month low of $0.06 and a twelve month high of $0.22.

Sparta Commercial Services (OTCMKTS:SRCO) last announced its quarterly earnings results on Monday, March 23rd. The financial services provider reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.09 million 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. 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.