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

SCWorx Corp. (NASDAQ:WORX) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 12,400 shares, a decline of 31.9% from the September 30th total of 18,200 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 67,700 shares, the short-interest ratio is currently 0.2 days.

SCWorx Price Performance

WORX stock remained flat at $1.23 during trading on Friday. 13,514 shares of the company’s stock traded hands, compared to its average volume of 807,457. SCWorx has a fifty-two week low of $0.97 and a fifty-two week high of $4.44. The firm has a market capitalization of $1.49 million, a PE ratio of -1.29 and a beta of 2.44. The firm has a 50 day simple moving average of $1.18 and a two-hundred day simple moving average of $1.58.

SCWorx (NASDAQ:WORX) last announced its quarterly earnings results on Friday, October 11th. The company reported ($0.26) EPS for the quarter. The company had revenue of $0.74 million for the quarter.

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.