SCWorx Corp. (NASDAQ:WORX) Stock Short Interest Report for October

SCWorx Corp. (NASDAQ:WORX) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 15,025 shares, an increase of 66.8% from the September 30th total of 9,008 shares. Approximately 15.2% of the shares of the company are short sold. Based on an average trading volume of 971,192 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SCWorx in a research report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

SCWorx Price Performance

Shares of NASDAQ:WORX opened at $1.60 on Monday. The firm has a fifty day moving average price of $3.61 and a two-hundred day moving average price of $14.24. SCWorx has a one year low of $1.07 and a one year high of $118.19. The company has a market cap of $158,400.00, a price-to-earnings ratio of -0.06 and a beta of 1.29.

SCWorx Company Profile

SCWorx Corporation is a healthcare technology company that provides supply chain management solutions to hospitals, health systems and other healthcare organizations. Its platform is designed to help providers organize purchasing and product information, improve inventory visibility and streamline interactions with suppliers and vendors.

The company’s solutions support functions such as item-master management, data cleansing and normalization, contract and supplier management, order management, inventory control and spending analysis.