SCWorx Corp. (NASDAQ:WORX) Short Interest Up 613.7% in November

SCWorx Corp. (NASDAQ:WORX) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 114,900 shares, a growth of 613.7% from the November 15th total of 16,100 shares. Based on an average daily trading volume, of 2,430,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 6.5% of the company’s stock are short sold.

SCWorx Stock Down 10.8 %

Shares of NASDAQ:WORX traded down $0.20 during midday trading on Wednesday, reaching $1.65. The company’s stock had a trading volume of 60,402 shares, compared to its average volume of 1,353,812. The firm has a 50 day moving average of $1.45 and a 200-day moving average of $1.44. SCWorx has a 12-month low of $0.75 and a 12-month high of $4.44.

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

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.