Starco Brands, Inc. (OTCMKTS:STCB) Sees Large Increase in Short Interest

Starco Brands, Inc. (OTCMKTS:STCB - Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 18,000 shares, an increase of 445.5% from the March 15th total of 3,300 shares. Based on an average daily trading volume, of 222,700 shares, the short-interest ratio is currently 0.1 days.

Starco Brands Stock Performance

Shares of OTCMKTS STCB remained flat at $0.13 during mid-day trading on Wednesday. 3,875 shares of the company traded hands, compared to its average volume of 56,536. The firm's 50 day moving average price is $0.13 and its 200-day moving average price is $0.15. Starco Brands has a twelve month low of $0.11 and a twelve month high of $0.20.

Starco Brands (OTCMKTS:STCB - Get Free Report) last released its earnings results on Wednesday, April 3rd. The company reported ($0.02) earnings per share for the quarter. Starco Brands had a negative net margin of 70.83% and a negative return on equity of 34.46%. The company had revenue of $18.89 million during the quarter.

Starco Brands Company Profile

(Get Free Report)

Starco Brands, Inc markets consumer products through retail and online in the United States. It offers products in various categories, including household cleaning, DIY/Hardware, paints, coatings and adhesives, household, hair care, disinfectants, automotive, motorcycle, arts and crafts, personal care cosmetics, personal care FDA, sun care, food, cooking oils, beverages and spirits, and wine under the Winona, Whipshots, and Breathe brand names.

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