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

SCWorx Corp. (NASDAQ:WORXGet Free Report) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 9,600 shares, a drop of 22.6% from the October 15th total of 12,400 shares. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.6% of the shares of the company are sold short.

SCWorx Stock Performance

SCWorx stock opened at $0.90 on Friday. The business has a 50 day simple moving average of $1.18 and a 200-day simple moving average of $1.47. SCWorx has a 12 month low of $0.75 and a 12 month high of $4.44.

SCWorx (NASDAQ:WORXGet Free Report) last announced its quarterly earnings data on Friday, October 11th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $0.74 million for the quarter. SCWorx had a negative return on equity of 91.03% and a negative net margin of 116.97%.

About SCWorx

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for SCWorx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SCWorx and related companies with MarketBeat.com's FREE daily email newsletter.