Earlyworks Co., Ltd (NASDAQ:ELWS) Short Interest Down 17.8% in March

Earlyworks Co., Ltd (NASDAQ:ELWS) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 11,100 shares, a drop of 17.8% from the March 15th total of 13,500 shares. Based on an average trading volume of 18,300 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Earlyworks

A hedge fund recently bought a new stake in Earlyworks stock. Virtu Financial LLC purchased a new position in Earlyworks Co., Ltd (NASDAQ:ELWS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,134 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.37% of Earlyworks as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.47% of the company’s stock.

Earlyworks Stock Down 1.0 %

Shares of ELWS stock traded down $0.02 during mid-day trading on Friday, hitting $2.02. 9,888 shares of the stock traded hands, compared to its average volume of 304,657. The company’s 50-day simple moving average is $2.21 and its 200-day simple moving average is $2.64. Earlyworks has a twelve month low of $1.04 and a twelve month high of $8.68.

Earlyworks Company Profile

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.