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

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 11,400 shares, a decline of 67.2% from the February 13th total of 34,800 shares. Based on an average trading volume of 48,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Sparta Commercial Services Trading Up 1.3 %

Shares of OTCMKTS SRCO opened at $0.28 on Friday. The firm has a 50 day moving average of $0.24 and a 200 day moving average of $0.27. The firm has a market capitalization of $11.05 million, a price-to-earnings ratio of -9.29 and a beta of -1.03. Sparta Commercial Services has a 12-month low of $0.07 and a 12-month high of $0.45.

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