SCWorx Corp. (NASDAQ:WORX) Short Interest Update

SCWorx Corp. (NASDAQ:WORX) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 7,600 shares, a drop of 55.0% from the February 28th total of 16,900 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 42,900 shares, the short-interest ratio is currently 0.2 days.

SCWorx Price Performance

SCWorx stock opened at $0.77 on Friday. The firm’s fifty day moving average price is $1.17 and its 200 day moving average price is $1.37. SCWorx has a 12-month low of $0.68 and a 12-month high of $4.44.

Institutional Trading of SCWorx

A hedge fund recently bought a new stake in SCWorx stock. Renaissance Technologies LLC purchased a new position in shares of SCWorx Corp. (NASDAQ:WORX) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned approximately 1.11% of SCWorx at the end of the most recent reporting period. Institutional investors and hedge funds own 1.88% of the company’s stock.

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.