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

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

Sparta Commercial Services Stock Up -8.1 %

Shares of OTCMKTS:SRCO traded up $0.03 during midday trading on Friday, hitting $0.17. The stock had a trading volume of 3,341 shares, compared to its average volume of 48,304. The business’s 50-day simple moving average is $0.25 and its 200-day simple moving average is $0.27. Sparta Commercial Services has a 12 month low of $0.07 and a 12 month high of $0.45. The company has a market cap of $6.27 million, a P/E ratio of -4.25 and a beta of -0.90.

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