Short Interest in EPWK Holdings Ltd. (NASDAQ:EPWK) Declines By 40.8%

EPWK Holdings Ltd. (NASDAQ:EPWK) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 19,707 shares, a decrease of 40.8% from the November 30th total of 33,313 shares. Based on an average daily trading volume, of 150,314 shares, the days-to-cover ratio is currently 0.1 days. Approximately 3.9% of the company’s stock are short sold. Approximately 3.9% of the company’s stock are short sold. Based on an average daily trading volume, of 150,314 shares, the days-to-cover ratio is currently 0.1 days.

EPWK Stock Performance

Shares of EPWK stock traded down $0.07 during trading on Tuesday, reaching $0.75. The company’s stock had a trading volume of 623,830 shares, compared to its average volume of 184,399. EPWK has a one year low of $0.62 and a one year high of $1,040.00. The business has a fifty day moving average price of $1.82 and a 200-day moving average price of $11.73.

Analyst Ratings Changes

A number of research firms recently commented on EPWK. Weiss Ratings reiterated a “sell (e+)” rating on shares of EPWK in a research note on Monday, December 22nd. Wall Street Zen raised EPWK to a “sell” rating in a research report on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, EPWK has a consensus rating of “Sell”.

About EPWK

Our mission is to add value to our users in both service supply and demand sides. We create an innovative and efficient crowdsourcing platform to connect businesses with great talents. We design a digital marketplace with a comprehensive services catalog and an efficient search, find and order process to match talents with service needs. EPWK Holdings Ltd. was incorporated in the Cayman Islands as an exempted company in March 2022 as a holding company with no material operations of our own, we conduct our operations in China through EPWK VIE and its subsidiaries.