Earlyworks Co., Ltd (NASDAQ:ELWS) Short Interest Down 22.3% in February

Earlyworks Co., Ltd (NASDAQ:ELWS) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 15,300 shares, a decline of 22.3% from the February 13th total of 19,700 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 32,600 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Earlyworks

An institutional investor recently bought a new position in Earlyworks stock. Renaissance Technologies LLC bought a new stake in Earlyworks Co., Ltd (NASDAQ:ELWS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 26,400 shares of the company’s stock, valued at approximately $70,000. Renaissance Technologies LLC owned approximately 0.88% of Earlyworks as of its most recent filing with the SEC. Institutional investors own 0.47% of the company’s stock.

Earlyworks Trading Up 0.8 %

Earlyworks stock traded up $0.02 on Tuesday, hitting $2.00. The company’s stock had a trading volume of 3,590 shares, compared to its average volume of 306,579. The company has a fifty day moving average price of $2.69 and a 200-day moving average price of $2.69. Earlyworks has a one year low of $1.04 and a one year high of $8.68.

About Earlyworks

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.