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

SCWorx Corp. (NASDAQ:WORX) was the recipient of a significant drop in short interest in 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. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 55,400 shares, the days-to-cover ratio is presently 0.2 days.

SCWorx Stock Down 16.3 %

Shares of SCWorx stock opened at $0.90 on Friday. SCWorx has a 52-week low of $0.75 and a 52-week high of $4.44. The company has a fifty day moving average of $1.18 and a 200-day moving average of $1.47.

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

About SCWorx

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.