Short Interest in SCWorx Corp. (NASDAQ:WORX) Increases By 21.1%

SCWorx Corp. (NASDAQ:WORX) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 41,300 shares, a growth of 21.1% from the May 31st total of 34,100 shares. Approximately 3.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 127,800 shares, the days-to-cover ratio is presently 0.3 days.

SCWorx Trading Down 1.2 %

WORX stock opened at $1.70 on Friday. SCWorx has a 12-month low of $1.14 and a 12-month high of $7.04. The business’s 50-day moving average is $2.06 and its 200 day moving average is $1.97. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.02. The stock has a market cap of $2.06 million, a price-to-earnings ratio of -1.79 and a beta of 2.50.

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.