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

Earth Science Tech, Inc. (OTCMKTS:ETST) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 8,642 shares, a drop of 33.1% from the July 30th total of 12,912 shares. Based on an average daily volume of 421,820 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Earth Science Tech Stock Performance

Shares of ETST opened at $0.09 on Tuesday. The company’s fifty day moving average is $0.12 and its 200 day moving average is $0.13. Earth Science Tech has a fifty-two week low of $0.00 and a fifty-two week high of $0.24.

Earth Science Tech (OTCMKTS:ETST) last issued its quarterly earnings data on Thursday, June 18th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $9.50 million during the quarter, compared to analysts’ expectations of $8.91 million. Earth Science Tech had a net margin of 10.76% and a return on equity of 61.20%. As a group, sell-side analysts anticipate that Earth Science Tech will post 0.01 earnings per share for the current 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.