Short Interest in SCWorx Corp. (NASDAQ:WORX) Decreases By 13.3%

SCWorx Corp. (NASDAQ:WORX) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 56,800 shares, a decline of 13.3% from the January 15th total of 65,500 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 32,700 shares, the days-to-cover ratio is currently 1.7 days.

Shares of SCWorx stock opened at $2.31 on Friday. SCWorx has a twelve month low of $1.90 and a twelve month high of $8.15. The business has a 50-day simple moving average of $2.69.

SCWorx (NASDAQ:WORX) last issued its quarterly earnings data on Thursday, November 14th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $1.68 million for the quarter.

About SCWorx

SCWorx Corp. provides software solutions for the management of health care providers' foundational business applications. The company provides services related to repair, normalization, and interoperability of information, as well as big data analytics model that provides Web portal for display, and reporting and analysis of the information contained within the data warehouse.

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