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

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

Sparta Commercial Services Price Performance

Shares of OTCMKTS:SRCO opened at $0.09 on Friday. Sparta Commercial Services has a 12-month low of $0.06 and a 12-month high of $0.22. The company’s 50 day moving average price is $0.09 and its two-hundred day moving average price is $0.11. The firm has a market cap of $4.82 million, a PE ratio of -2.25 and a beta of 0.06.

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