Labor Smart, Inc. (OTCMKTS:LTNC) Sees Significant Increase in Short Interest

Labor Smart, Inc. (OTCMKTS:LTNC) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,500 shares, an increase of 25.0% from the March 31st total of 4,400 shares. Based on an average daily trading volume, of 135,439,500 shares, the short-interest ratio is currently 0.0 days.

Labor Smart Price Performance

Shares of OTCMKTS:LTNC remained flat at $0.01 during midday trading on Tuesday. The company had a trading volume of 15,495,935 shares, compared to its average volume of 15,587,967. The firm has a market cap of $26.30 million, a P/E ratio of -0.26 and a beta of -0.47. Labor Smart has a 1 year low of $0.00 and a 1 year high of $0.01.

About Labor Smart

Labor Smart, Inc engages in providing temporary blue-collar staffing services. It supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing, skilled trade’s people and general laborers to commercial construction industries. The company was founded by Christopher Ryan Schadel on May 31, 2011 and is headquartered in Powder Springs, GA.