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

Earth Science Tech, Inc. (OTCMKTS:ETST) saw a significant decline in short interest in 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 shares of the stock are short sold. Based on an average trading volume of 67,849 shares, the short-interest ratio is currently 0.1 days.

Earth Science Tech Stock Performance

Shares of ETST remained flat at $0.16 during trading hours on Wednesday. The stock had a trading volume of 14,198 shares, compared to its average volume of 42,392. Earth Science Tech has a 12-month low of $0.00 and a 12-month high of $0.24. The firm’s 50 day simple moving average is $0.17 and its 200 day simple moving average is $0.14.

Earth Science Tech (OTCMKTS:ETST) last posted its quarterly earnings data on Thursday, June 18th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $9.50 million for the quarter, compared to analysts’ expectations of $8.91 million. Earth Science Tech had a net margin of 10.11% and a return on equity of 65.02%. As a group, analysts predict 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.