Sparta Commercial Services, Inc. (OTCMKTS:SRCO) Sees Significant Growth in Short Interest

Posted by Tyrone Williams on Jul 25th, 2024

Sparta Commercial Services, Inc. (OTCMKTS:SRCO – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 3,900 shares, an increase of 1,850.0% from the June 30th total of 200 shares. Based on an average daily volume of 88,000 shares, the short-interest ratio is presently 0.0 days.

Sparta Commercial Services Stock Performance

Sparta Commercial Services stock opened at $0.32 on Thursday. The firm’s fifty day moving average price is $0.12 and its 200-day moving average price is $0.12. Sparta Commercial Services has a fifty-two week low of $0.05 and a fifty-two week high of $0.35.

About Sparta Commercial Services

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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.