SCWorx Corp. (NASDAQ:WORX) Sees Large Decline in Short Interest

SCWorx Corp. (NASDAQ:WORX) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 12,400 shares, a decline of 31.9% from the September 30th total of 18,200 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 67,700 shares, the days-to-cover ratio is currently 0.2 days.

SCWorx Stock Performance

WORX opened at $1.23 on Monday. The business has a 50 day moving average price of $1.18 and a 200 day moving average price of $1.58. SCWorx has a twelve month low of $0.97 and a twelve month high of $4.44. The firm has a market cap of $1.49 million, a P/E ratio of -1.29 and a beta of 2.44.

SCWorx (NASDAQ:WORX) last posted its earnings results 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 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.