SCWorx Corp. (NASDAQ:WORX) Short Interest Update

SCWorx Corp. (NASDAQ:WORX) was the recipient of a large drop in short interest in the month of 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. Based on an average trading volume of 42,900 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On SCWorx

An institutional investor recently bought a new position in SCWorx stock. Renaissance Technologies LLC acquired a new stake in SCWorx Corp. (NASDAQ:WORX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned 1.11% of SCWorx at the end of the most recent quarter. Hedge funds and other institutional investors own 1.88% of the company’s stock.

SCWorx Price Performance

SCWorx stock opened at $0.77 on Friday. The firm has a fifty day moving average price of $1.17 and a two-hundred day moving average price of $1.37. SCWorx has a fifty-two week low of $0.68 and a fifty-two week high of $4.44.

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.