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

Starco Brands, Inc. (OTCMKTS:STCB) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 4,100 shares, a decline of 61.0% from the May 31st total of 10,500 shares. Based on an average daily volume of 41,000 shares, the days-to-cover ratio is currently 0.1 days.

Starco Brands Price Performance

Shares of STCB opened at $0.10 on Friday. The firm has a market cap of $50.84 million, a P/E ratio of -0.91 and a beta of 0.87. The stock has a 50 day simple moving average of $0.11 and a two-hundred day simple moving average of $0.13. Starco Brands has a 1 year low of $0.06 and a 1 year high of $0.20.

Starco Brands (OTCMKTS:STCB) last issued its earnings results on Wednesday, May 15th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $15.49 million during the quarter. Starco Brands had a negative return on equity of 44.47% and a negative net margin of 70.35%.

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.