SCWorx Corp. (NASDAQ:WORX) Short Interest Update

SCWorx Corp. (NASDAQ:WORX) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 7,600 shares, a decrease of 55.0% from the February 28th total of 16,900 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 42,900 shares, the days-to-cover ratio is presently 0.2 days.

SCWorx Price Performance

WORX stock opened at $0.75 on Friday. The business’s 50-day moving average is $1.19 and its two-hundred day moving average is $1.37. SCWorx has a fifty-two week low of $0.68 and a fifty-two week high of $4.44.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SCWorx stock. Renaissance Technologies LLC bought a new stake in shares of SCWorx Corp. (NASDAQ:WORX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned 1.11% of SCWorx as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other 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.