Sparta Commercial Services, Inc. (OTCMKTS:SRCO) Short Interest Down 37.1% in January

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 27,300 shares, a decrease of 37.1% from the January 15th total of 43,400 shares. Based on an average daily volume of 104,300 shares, the days-to-cover ratio is presently 0.3 days.

Sparta Commercial Services Stock Down 3.9 %

SRCO opened at $0.28 on Thursday. Sparta Commercial Services has a fifty-two week low of $0.07 and a fifty-two week high of $0.45. The business has a 50-day moving average of $0.19 and a 200-day moving average of $0.28.

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

Sparta Commercial Services Company Profile

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.