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

Starco Brands, Inc. (OTCMKTS:STCB) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 12,400 shares, a drop of 19.0% from the September 15th total of 15,300 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is presently 0.9 days.

Starco Brands Price Performance

Starco Brands stock opened at $0.09 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.55 and a quick ratio of 0.28. Starco Brands has a fifty-two week low of $0.06 and a fifty-two week high of $0.20. The firm has a fifty day moving average price of $0.09 and a two-hundred day moving average price of $0.10. The firm has a market cap of $45.02 million, a price-to-earnings ratio of -0.80 and a beta of 0.88.

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

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.