SCWorx Corp. (NASDAQ:WORX) Short Interest Up 67.7% in November

SCWorx Corp. (NASDAQ:WORX) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 16,100 shares, an increase of 67.7% from the October 31st total of 9,600 shares. Based on an average daily trading volume, of 2,420,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.0% of the company’s stock are short sold.

SCWorx Price Performance

Shares of NASDAQ WORX opened at $2.58 on Thursday. The business has a 50-day simple moving average of $1.26 and a two-hundred day simple moving average of $1.44. SCWorx has a fifty-two week low of $0.75 and a fifty-two week high of $4.44.

SCWorx (NASDAQ:WORX) last posted its quarterly earnings data on Friday, October 11th. The company reported ($0.26) EPS for the quarter. The company had revenue of $0.74 million for the quarter. SCWorx had a negative return on equity of 89.71% and a negative net margin of 108.84%.

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.