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

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 900 shares, a decrease of 92.5% from the October 31st total of 12,000 shares. Based on an average daily volume of 21,900 shares, the short-interest ratio is currently 0.0 days.

Sparta Commercial Services Stock Up 1.1 %

Shares of OTCMKTS SRCO traded up $0.00 during mid-day trading on Friday, hitting $0.25. The company had a trading volume of 20,310 shares, compared to its average volume of 23,857. Sparta Commercial Services has a 12 month low of $0.07 and a 12 month high of $0.45. The business’s 50-day simple moving average is $0.31 and its 200-day simple moving average is $0.26.

Sparta Commercial Services (OTCMKTS:SRCO) last announced its quarterly earnings data on Monday, September 23rd. The financial services provider reported ($0.03) EPS for the quarter. The business had revenue of $0.04 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.