Short Interest in Sparta Commercial Services, Inc. (OTCMKTS:SRCO) Increases By 27.5%

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) was the recipient of a large growth in short interest in 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 trading volume of 118,800 shares, the short-interest ratio is currently 0.3 days.

Sparta Commercial Services Stock Performance

SRCO stock opened at $0.28 on Friday. The stock has a market capitalization of $11.02 million, a PE ratio of -9.33 and a beta of -1.04. The company has a fifty day moving average of $0.22 and a 200-day moving average of $0.28. Sparta Commercial Services has a one year low of $0.07 and a one year high of $0.45.

Sparta Commercial Services (OTCMKTS:SRCO) last released its earnings results on Monday, December 23rd. The financial services provider reported ($0.01) earnings per share (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.