SCWorx Corp. (NASDAQ:WORX) Short Interest Update

SCWorx Corp. (NASDAQ:WORX) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 82,271 shares, a decrease of 56.7% from the December 31st total of 190,168 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 441,470 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 441,470 shares, the short-interest ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SCWorx in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, SCWorx currently has an average rating of “Sell”.

Hedge Funds Weigh In On SCWorx

An institutional investor recently bought a new position in SCWorx stock. Citadel Advisors LLC bought a new stake in SCWorx Corp. (NASDAQ:WORX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 121,779 shares of the company’s stock, valued at approximately $35,000. Citadel Advisors LLC owned about 1.55% of SCWorx at the end of the most recent reporting period. 1.88% of the stock is currently owned by institutional investors.

SCWorx Stock Performance

Shares of NASDAQ WORX opened at $0.20 on Thursday. The firm has a 50 day moving average price of $0.21 and a two-hundred day moving average price of $0.28. The stock has a market cap of $3.16 million, a P/E ratio of -0.21 and a beta of 2.03. SCWorx has a 52-week low of $0.18 and a 52-week high of $1.71.

SCWorx (NASDAQ:WORX) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.15) earnings per share for the quarter. The business had revenue of $0.71 million during the quarter. SCWorx had a negative return on equity of 70.82% and a negative net margin of 139.68%.

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. It also offers virtualized item master file repair, expansion, and automation; electronic medical record management; charge description master management; contract management; request for proposal automation; rebate management; integration of acquired management; big data analytics modeling; data integration and warehousing; and ScanWorx.