Short Interest in SCWorx Corp. (NASDAQ:WORX) Declines By 66.8%

SCWorx Corp. (NASDAQ:WORX) 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. Approximately 2.2% of the company’s stock are sold short. Based on an average trading volume of 2,430,000 shares, the short-interest ratio is currently 0.0 days.

SCWorx Price Performance

WORX opened at $1.72 on Friday. SCWorx has a 1 year low of $0.75 and a 1 year high of $4.44. The stock has a fifty day moving average price of $1.55 and a 200 day moving average price of $1.41.

SCWorx (NASDAQ:WORX) last announced its quarterly earnings results on Friday, October 11th. The company reported ($0.26) EPS for the quarter. The business had revenue of $0.74 million for the quarter. SCWorx had a negative return on equity of 89.71% and a negative net margin of 108.84%.

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.