Short Interest in Earth Science Tech, Inc. (OTCMKTS:ETST) Rises By 507.1%

Earth Science Tech, Inc. (OTCMKTS:ETST) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 52,468 shares, a growth of 507.1% from the August 15th total of 8,642 shares. Based on an average trading volume of 306,660 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Earth Science Tech Stock Performance

Shares of OTCMKTS:ETST remained flat at $0.09 during midday trading on Friday. The company had a trading volume of 62,882 shares, compared to its average volume of 120,984. The business’s 50 day moving average price is $0.11 and its two-hundred day moving average price is $0.13. Earth Science Tech has a 12 month low of $0.00 and a 12 month high of $0.24.

Earth Science Tech (OTCMKTS:ETST) last posted its earnings results on Thursday, June 18th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. Earth Science Tech had a return on equity of 61.20% and a net margin of 10.76%.The business had revenue of $9.50 million during the quarter, compared to analyst estimates of $8.91 million. Equities analysts predict that Earth Science Tech will post 0.01 EPS for the current fiscal 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.