SCWorx Corp. (NASDAQ:WORX) Short Interest Up 67.7% in November

SCWorx Corp. (NASDAQ:WORX) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 16,100 shares, an increase of 67.7% from the October 31st total of 9,600 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 2,420,000 shares, the days-to-cover ratio is currently 0.0 days.

SCWorx Stock Up 8.4 %

Shares of WORX opened at $2.58 on Friday. SCWorx has a 12-month low of $0.75 and a 12-month high of $4.44. The firm’s 50 day moving average is $1.29 and its 200-day moving average is $1.45.

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

About SCWorx

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.