SCWorx Corp. (NASDAQ:WORX) Short Interest Update

SCWorx Corp. (NASDAQ:WORX) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 912,995 shares, an increase of 1,009.7% from the January 15th total of 82,271 shares. Currently, 5.8% of the company’s stock are short sold. Based on an average daily volume of 23,715,102 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 23,715,102 shares, the days-to-cover ratio is presently 0.0 days. Currently, 5.8% of the company’s stock are short sold.

Institutional Trading of SCWorx

An institutional investor recently bought a new position in SCWorx stock. Citadel Advisors LLC bought a new position in SCWorx Corp. (NASDAQ:WORX) during the 3rd quarter, according to the company in 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 approximately 1.55% of SCWorx as of its most recent filing with the Securities and Exchange Commission (SEC). 1.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SCWorx in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

SCWorx Stock Down 1.4%

Shares of WORX opened at $0.18 on Wednesday. The stock has a market cap of $2.79 million, a P/E ratio of -0.19 and a beta of 2.15. The business’s 50 day moving average price is $0.20 and its 200-day moving average price is $0.27. SCWorx has a 52 week low of $0.16 and a 52 week high of $1.45.

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