Earth Science Tech, Inc. (OTCMKTS:ETST) Sees Significant Drop in Short Interest

Earth Science Tech, Inc. (OTCMKTS:ETSTGet Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 6,913 shares, a decline of 51.1% from the June 15th total of 14,124 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 67,849 shares, the days-to-cover ratio is currently 0.1 days.

Earth Science Tech Price Performance

Earth Science Tech stock opened at $0.16 on Friday. The firm has a 50 day simple moving average of $0.17 and a 200-day simple moving average of $0.14. Earth Science Tech has a 1-year low of $0.00 and a 1-year high of $0.24.

Earth Science Tech (OTCMKTS:ETSTGet Free Report) last released its quarterly earnings results on Thursday, June 18th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Earth Science Tech had a net margin of 10.11% and a return on equity of 65.02%. The firm had revenue of $9.50 million for the quarter, compared to analyst estimates of $8.91 million. Equities analysts forecast that Earth Science Tech will post 0.01 EPS for the current year.

Earth Science Tech Company Profile

(Get Free Report)

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.

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