SCWorx Corp. (NASDAQ:WORX) Sees Large Decline in Short Interest

SCWorx Corp. (NASDAQ:WORX) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 16,900 shares, a decline of 55.9% from the February 13th total of 38,300 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 56,100 shares, the short-interest ratio is currently 0.3 days.

SCWorx Trading Down 0.3 %

WORX opened at $0.78 on Friday. The company’s 50-day moving average price is $1.37 and its 200 day moving average price is $1.40. SCWorx has a fifty-two week low of $0.68 and a fifty-two week high of $4.44.

Institutional Trading of SCWorx

An institutional investor recently bought a new position in SCWorx stock. Renaissance Technologies LLC acquired a new position in shares of SCWorx Corp. (NASDAQ:WORX) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned about 1.11% of SCWorx at the end of the most recent reporting period. 1.88% of the stock is currently owned by hedge funds and other institutional investors.

SCWorx Company Profile

SCWorx Corp. develops and markets health care information technology solutions and related services to improve healthcare processes and information flow within hospitals and other healthcare facilities in the United States. The company provides data content and services related to repair, normalization, and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry.