The stock price of SCworx Corp (NASDAQ: WORX) increased 26.27%. There are no company-specific news reports driving the stock price up so it appears there are external factors at play.
Investors who are active on social media platforms like Discord, StockTwits, Twitter, etc. appear to be driving a short squeeze on the company shares. WORX has a very high short percentage of its float shorted, which makes it a prime candidate for a squeeze. S3 was reportedly showing that the short interest ratio of WORX was about 75%, according to Will Meade via Investor Place.
This is not the first time that investors who are active on social media investors coordinated a short squeeze on the company shares. Last month, WORX stock increased by over 70% during intraday trading without company-specific news as well.
QUQUQ 強く買いたい 2021年8月7日 08:49
The stock price of SCworx Corp (NASDAQ: WORX) increased 26.27%. There are no company-specific news reports driving the stock price up so it appears there are external factors at play.
Investors who are active on social media platforms like Discord, StockTwits, Twitter, etc. appear to be driving a short squeeze on the company shares. WORX has a very high short percentage of its float shorted, which makes it a prime candidate for a squeeze. S3 was reportedly showing that the short interest ratio of WORX was about 75%, according to Will Meade via Investor Place.
This is not the first time that investors who are active on social media investors coordinated a short squeeze on the company shares. Last month, WORX stock increased by over 70% during intraday trading without company-specific news as well.
踏み上げ期待🤭