Earlyworks Co., Ltd (NASDAQ:ELWS) Sees Significant Growth in Short Interest

Earlyworks Co., Ltd (NASDAQ:ELWS) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 478,800 shares, a growth of 813.7% from the July 31st total of 52,400 shares. Based on an average daily volume of 751,000 shares, the short-interest ratio is currently 0.6 days.

Earlyworks Stock Up 8.3 %

Earlyworks stock opened at $2.87 on Wednesday. Earlyworks has a 12-month low of $1.04 and a 12-month high of $13.00. The firm’s fifty day moving average price is $2.31 and its 200 day moving average price is $2.76.

Earlyworks Company Profile

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.