Short Interest in Earth Science Tech, Inc. (OTCMKTS:ETST) Decreases By 51.1%

Earth Science Tech, Inc. (OTCMKTS:ETST) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,913 shares, a drop of 51.1% from the June 15th total of 14,124 shares. Based on an average trading volume of 67,849 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Earth Science Tech Stock Performance

Shares of Earth Science Tech stock remained flat at $0.16 on Wednesday. 14,198 shares of the stock traded hands, compared to its average volume of 42,392. Earth Science Tech has a 1 year low of $0.00 and a 1 year high of $0.24. The firm has a 50 day moving average of $0.17 and a 200-day moving average of $0.14.

Earth Science Tech (OTCMKTS:ETST) last announced its quarterly earnings data 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 return on equity of 65.02% and a net margin of 10.11%.The business had revenue of $9.50 million during the quarter, compared to analyst estimates of $8.91 million. As a group, equities research analysts forecast that Earth Science Tech will post 0.01 earnings per share 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.