SCWorx Corp. (NASDAQ:WORX) Sees Significant Increase in Short Interest

SCWorx Corp. (NASDAQ:WORX) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 16,100 shares, an increase of 67.7% from the October 31st total of 9,600 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,420,000 shares, the days-to-cover ratio is currently 0.0 days.

SCWorx Stock Down 7.8 %

WORX stock opened at $2.38 on Friday. SCWorx has a 12 month low of $0.75 and a 12 month high of $4.44. The firm’s 50-day moving average is $1.32 and its 200 day moving average is $1.45.

SCWorx (NASDAQ:WORX) last issued its earnings results on Friday, October 11th. The company reported ($0.26) EPS for the quarter. SCWorx had a negative return on equity of 89.71% and a negative net margin of 108.84%. 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.