SCWorx Corp. (NASDAQ:WORX – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 15,025 shares, a growth of 66.8% from the September 30th total of 9,008 shares. Based on an average daily volume of 971,192 shares, the short-interest ratio is currently 0.0 days. Currently, 15.2% of the shares of the stock are short sold.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SCWorx in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has an average rating of “Sell”.
Read Our Latest Analysis on WORX
SCWorx Trading Up 3.6%
NASDAQ WORX opened at $1.43 on Wednesday. The firm’s 50 day simple moving average is $3.47 and its 200 day simple moving average is $13.91. SCWorx has a 1 year low of $1.07 and a 1 year high of $118.19.
SCWorx Company Profile
SCWorx Corporation is a healthcare technology company that provides supply chain management solutions to hospitals, health systems and other healthcare organizations. Its platform is designed to help providers organize purchasing and product information, improve inventory visibility and streamline interactions with suppliers and vendors.
The company’s solutions support functions such as item-master management, data cleansing and normalization, contract and supplier management, order management, inventory control and spending analysis.
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