Sparta Commercial Services, Inc. (OTCMKTS:SRCO – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 2,771 shares. Based on an average daily volume of 31,855 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Sparta Commercial Services Stock Performance
Sparta Commercial Services stock opened at $0.06 on Friday. The stock’s 50 day moving average is $0.07 and its 200 day moving average is $0.09. Sparta Commercial Services has a twelve month low of $0.06 and a twelve month high of $0.18.
Sparta Commercial Services (OTCMKTS:SRCO – Get Free Report) last posted its quarterly earnings data on Monday, September 21st. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $0.05 million during the quarter.
Sparta Commercial Services Company Profile
Sparta Commercial Services, Inc is a specialty finance and technology company that has focused on serving the powersports industry. Its business activities have included financing programs for the purchase of pre-owned motorcycles and other recreational vehicles, generally working with dealers and their customers.
The company has also developed mobile technology products and services for businesses. These offerings have included mobile applications and related tools intended to help companies communicate with customers, promote products and services, and support mobile commerce and engagement.
Sparta Commercial Services has primarily served businesses and consumers in the United States, with an emphasis on motorcycle dealers, powersports retailers, and related markets.
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