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

Starco Brands, Inc. (OTCMKTS:STCB) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 22,000 shares, an increase of 77.4% from the September 30th total of 12,400 shares. Based on an average daily volume of 11,300 shares, the days-to-cover ratio is currently 1.9 days.

Starco Brands Price Performance

Starco Brands stock traded up $0.01 during midday trading on Friday, hitting $0.09. 49,700 shares of the company’s stock were exchanged, compared to its average volume of 6,411. The stock has a 50-day moving average price of $0.09 and a two-hundred day moving average price of $0.10. Starco Brands has a 52-week low of $0.06 and a 52-week high of $0.20. The company has a market cap of $53.96 million, a P/E ratio of -0.72 and a beta of 0.88. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.28 and a current ratio of 0.55.

Starco Brands (OTCMKTS:STCB) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.02) earnings per share for the quarter. Starco Brands had a negative return on equity of 66.88% and a negative net margin of 80.56%. The company had revenue of $15.57 million during the quarter.

About Starco Brands

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, Skylar, Soylent, and Art of Sport brands.