Short Interest in Earth Science Tech, Inc. (OTCMKTS:ETST) Rises By 215.2%

Earth Science Tech, Inc. (OTCMKTS:ETST) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 12,912 shares, an increase of 215.2% from the July 15th total of 4,097 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 256,334 shares, the short-interest ratio is currently 0.1 days.

Earth Science Tech Trading Down 6.6%

Shares of ETST stock traded down $0.01 on Thursday, reaching $0.09. 53,773 shares of the stock were exchanged, compared to its average volume of 93,826. The firm has a 50 day moving average of $0.14 and a two-hundred day moving average of $0.14. Earth Science Tech has a 1-year low of $0.00 and a 1-year high of $0.24.

Earth Science Tech (OTCMKTS:ETST) last announced its quarterly earnings results on Thursday, June 18th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $9.50 million during the quarter, compared to analyst estimates of $8.91 million. Earth Science Tech had a return on equity of 64.76% and a net margin of 10.76%. On average, equities research analysts expect that Earth Science Tech will post 0.01 EPS 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.