SCWorx Corp. (NASDAQ:WORX – Get Free Report) was the recipient of a large 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. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 55,400 shares, the short-interest ratio is currently 0.2 days.
SCWorx Stock Down 16.3 %
Shares of WORX stock opened at $0.90 on Friday. The stock has a fifty day moving average price of $1.18 and a 200 day moving average price of $1.47. SCWorx has a 1 year low of $0.75 and a 1 year high of $4.44.
SCWorx (NASDAQ:WORX – Get Free Report) last announced its quarterly earnings results on Friday, October 11th. The company reported ($0.26) earnings per share for the quarter. SCWorx had a negative net margin of 116.97% and a negative return on equity of 91.03%. The firm had revenue of $0.74 million during 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.
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