Earth Science Tech, Inc. (OTCMKTS:ETST) Sees Large Drop in Short Interest

Earth Science Tech, Inc. (OTCMKTS:ETST) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 8,642 shares, a drop of 33.1% from the July 30th total of 12,912 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 421,820 shares, the days-to-cover ratio is currently 0.0 days.

Earth Science Tech Trading Up 4.4%

ETST stock opened at $0.09 on Tuesday. Earth Science Tech has a twelve month low of $0.00 and a twelve month high of $0.24. The firm’s fifty day simple moving average is $0.12 and its two-hundred day simple moving average is $0.13.

Earth Science Tech (OTCMKTS:ETST) last released its earnings results on Thursday, June 18th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. Earth Science Tech had a net margin of 10.76% and a return on equity of 61.20%. The firm had revenue of $9.50 million during the quarter, compared to analyst estimates of $8.91 million. Analysts anticipate that Earth Science Tech will post 0.01 EPS for the current year.

About Earth Science Tech

Earth Science Tech, Inc is a biotechnology company focused on the development, manufacturing and distribution of nutritional, electrolyte and cannabinoid‐infused products. Trading on the OTC Markets under the symbol ETST, the company’s core business centers on proprietary rehydration solutions and hemp‐derived nutraceuticals designed to support wellness, recovery and immune function.

The company’s flagship line includes DripDrop® Oral Rehydration Solutions, a clinically tested formula created to promote rapid hydration and electrolyte balance.