SCWorx Corp. (NASDAQ:WORX) Short Interest Down 22.6% in October

SCWorx Corp. (NASDAQ:WORX) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 9,600 shares, a decline 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 2.7 %

Shares of WORX stock opened at $1.07 on Friday. SCWorx has a fifty-two week low of $0.97 and a fifty-two week high of $4.44. The stock’s fifty day moving average price is $1.18 and its two-hundred day moving average price is $1.48.

SCWorx (NASDAQ:WORX) last released its quarterly earnings data 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 business 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.