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

Earth Science Tech, Inc. (OTCMKTS:ETST) was the recipient of a significant increase in short interest during 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. Based on an average daily volume of 306,660 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Earth Science Tech Stock Down 1.5%

Shares of ETST stock opened at $0.09 on Friday. The firm’s 50-day moving average is $0.11 and its two-hundred day moving average is $0.13. Earth Science Tech has a 12 month low of $0.00 and a 12 month high of $0.24.

Earth Science Tech (OTCMKTS:ETST) last posted its earnings results on Thursday, June 18th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. Earth Science Tech had a net margin of 10.76% and a return on equity of 61.20%. The company had revenue of $9.50 million for the quarter, compared to analyst estimates of $8.91 million. As a group, equities analysts predict that Earth Science Tech will post 0.01 EPS for the current fiscal year.

Earth Science Tech Company Profile

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.