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

SCWorx Corp. (NASDAQ:WORXGet Free Report) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 38,200 shares, a decline of 66.8% from the November 30th total of 114,900 shares. Based on an average daily trading volume, of 2,430,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.2% of the company’s stock are short sold.

SCWorx Trading Down 2.3 %

NASDAQ WORX opened at $1.68 on Friday. SCWorx has a 12-month low of $0.75 and a 12-month high of $4.44. The company has a 50 day moving average price of $1.55 and a two-hundred day moving average price of $1.41.

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

About SCWorx

(Get Free Report)

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.

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