Virtu Financial BD LLC recently announced the acquisition of new stake in SCWorx Corp. (NASDAQ:WORX). This fresh investment now brings its stake to 0.32% valued currently at $9624.0. In addition, Cubist Systematic Strategies LLC raised its holdings by 37095.0 to 37095.0 shares.
With over 118.3 million SCWorx Corp. (WORX) shares trading Monday and a closing price of $0.26 on the day, the dollar volume was approximately $30.76 million. The shares have shown a negative half year performance of -27.16% and its price on 09/18/23 gained nearly 38.29%. Currently, there are 16.70M common shares owned by the public and among those 13.90M shares have been available to trade.
Insiders at the company have transacted a total of 3 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 3 of these insider trades were purchases, accounting for 340,000 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in SCWorx Corp. are Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Nasdaq Composite Index F. Vanguard Extended Market Index Fu owns 0.1 million shares of the company’s stock, all valued at over $18793.0. Fidelity Nasdaq Composite Index F now owns shares totaling to 0.13% of the shares outstanding.
Shares of SCWorx Corp. (NASDAQ: WORX) opened at $0.313, up $0.12 from a prior closing price of $0.19. However, the script later moved the day high at 0.4200, up 38.29%. The company’s stock has a 5-day price change of 38.95% and -60.38% over the past three months. WORX shares are trading -33.96% year to date (YTD), with the 12-month market performance down to -62.64% lower. It has a 12-month low price of $0.18 and touched a high of $0.96 over the same period. WORX has an average intraday trading volume of 4.27 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 28.61%, 5.23%, and -25.31% respectively.
Institutional ownership of SCWorx Corp. (NASDAQ: WORX) shares accounts for 2.80% of the company’s 16.70M shares outstanding. Mutual fund holders own 1.34%, while other institutional holders and individual stakeholders account for 36.31% and 1.07% respectively.
It has a market capitalization of $4.29M. The earnings-per-share (ttm) stands at -$0.10. The company has a debt-to-equity ratio at 0.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 23.04% over the week and 16.39% over the month.