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

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

Earth Science Tech Stock Performance

OTCMKTS:ETST opened at $0.09 on Friday. Earth Science Tech has a 52 week low of $0.00 and a 52 week high of $0.24. The stock’s fifty day moving average is $0.11 and its two-hundred day moving average is $0.13.

Earth Science Tech (OTCMKTS:ETST) last issued its quarterly earnings data 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 analysts’ expectations of $8.91 million. Equities research 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.