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

by · The Markets Daily

Sparta Commercial Services, Inc. (OTCMKTS:SRCO – Get Free Report) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,100 shares, a decline of 82.8% from the November 30th total of 6,400 shares. Based on an average trading volume of 83,800 shares, the days-to-cover ratio is currently 0.0 days.

Sparta Commercial Services Trading Down 6.5 %

OTCMKTS:SRCO traded down $0.03 during midday trading on Thursday, hitting $0.15. 39,440 shares of the company traded hands, compared to its average volume of 48,614. Sparta Commercial Services has a 12-month low of $0.07 and a 12-month high of $0.45. The firm’s fifty day moving average is $0.25 and its 200-day moving average is $0.27. The firm has a market capitalization of $5.35 million, a P/E ratio of -3.63 and a beta of -0.90.

Sparta Commercial Services (OTCMKTS:SRCO – Get Free Report) last issued its quarterly 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

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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.

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