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

SCWorx Corp. (NASDAQ:WORX) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 7,600 shares, a decline of 55.0% from the February 28th total of 16,900 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 42,900 shares, the short-interest ratio is presently 0.2 days.

SCWorx Trading Up 6.4 %

Shares of NASDAQ WORX opened at $0.75 on Friday. The firm’s 50 day moving average price is $1.19 and its 200-day moving average price is $1.37. SCWorx has a 52-week low of $0.68 and a 52-week high of $4.44.

Institutional Trading of SCWorx

An institutional investor recently bought a new position in SCWorx stock. Renaissance Technologies LLC acquired a new stake in shares of SCWorx Corp. (NASDAQ:WORX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned about 1.11% of SCWorx at the end of the most recent reporting period. Institutional investors own 1.88% of the company’s stock.

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.