SCWorx Corp. (NASDAQ:WORX) Sees Significant Growth in Short Interest

SCWorx Corp. (NASDAQ:WORX) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 273,300 shares, a growth of 276.4% from the March 15th total of 72,600 shares. Currently, 24.9% of the company’s stock are sold short. Based on an average daily trading volume, of 2,160,000 shares, the days-to-cover ratio is currently 0.1 days.

SCWorx Trading Down 5.1 %

SCWorx stock opened at $2.42 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market capitalization of $2.93 million, a price-to-earnings ratio of -2.55 and a beta of 2.47. SCWorx has a one year low of $1.14 and a one year high of $14.40. The company’s fifty day moving average price is $2.05 and its two-hundred day moving average price is $2.01.

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.