Short Interest in SCWorx Corp. (NASDAQ:WORX) Increases By 59.0%

Posted by Chris Copeland on Jun 15th, 2025

SCWorx Corp. (NASDAQ:WORX – Get Free Report) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 390,400 shares, an increase of 59.0% from the May 15th total of 245,500 shares. Approximately 11.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,870,000 shares, the days-to-cover ratio is currently 0.1 days.

SCWorx Trading Down 7.0%

WORX stock opened at $0.46 on Friday. The stock has a market cap of $1.67 million, a PE ratio of -0.53 and a beta of 2.37. SCWorx has a 12 month low of $0.39 and a 12 month high of $3.31. The company has a 50-day moving average price of $0.58 and a 200 day moving average price of $1.10.

SCWorx (NASDAQ:WORX – Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.25) earnings per share (EPS) for the quarter. The firm had revenue of $0.72 million during the quarter. SCWorx had a negative return on equity of 89.71% and a negative net margin of 108.84%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of SCWorx to a “sell” rating in a research report on Saturday.

Check Out Our Latest Analysis on WORX

Institutional Investors Weigh In On SCWorx

An institutional investor recently bought a new position in SCWorx stock. Renaissance Technologies LLC acquired a new stake in SCWorx Corp. (NASDAQ:WORX – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned about 1.11% of SCWorx as of its most recent SEC filing. Institutional investors and hedge funds own 1.88% of the company’s stock.

About SCWorx

(Get Free Report)

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.