Earlyworks Co., Ltd. Unsponsored ADR (NASDAQ:ELWS) Short Interest Down 87.8% in August

Earlyworks Co., Ltd. Unsponsored ADR (NASDAQ:ELWS) saw a large decrease in short interest in the month of August. As of August 15th, there was short interest totaling 11,300 shares, adecreaseof87.8% from the July 31st total of 92,900 shares. Based on an average trading volume of 1,110,000 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 1,110,000 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Earlyworks

A hedge fund recently bought a new stake in Earlyworks stock. Renaissance Technologies LLC bought a new stake in shares of Earlyworks Co., Ltd. Unsponsored ADR (NASDAQ:ELWS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 26,400 shares of the company’s stock, valued at approximately $70,000. Renaissance Technologies LLC owned approximately 0.88% of Earlyworks as of its most recent SEC filing. 0.47% of the stock is currently owned by institutional investors.

Earlyworks Stock Performance

Shares of NASDAQ ELWS traded down $0.22 during mid-day trading on Tuesday, reaching $2.26. 45,088 shares of the company traded hands, compared to its average volume of 472,406. Earlyworks has a fifty-two week low of $1.64 and a fifty-two week high of $10.50. The stock has a fifty day simple moving average of $3.17 and a 200-day simple moving average of $2.46. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.74 and a quick ratio of 1.74.

About Earlyworks

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.