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

Sparta Commercial Services, Inc. (OTCMKTS:SRCO) was the recipient of a large decrease in short interest in the month of 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 short-interest ratio is currently 0.3 days.

Sparta Commercial Services Trading Down 3.9 %

OTCMKTS SRCO opened at $0.28 on Thursday. Sparta Commercial Services has a twelve month low of $0.07 and a twelve month high of $0.45. The firm has a 50-day simple moving average of $0.19 and a 200 day simple moving average of $0.28.

Sparta Commercial Services (OTCMKTS:SRCO) last announced its quarterly earnings data on Monday, December 23rd. The financial services provider reported ($0.01) EPS 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.