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

EPWK Holdings Ltd. (NASDAQ:EPWK) saw a large decrease in short interest in 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 volume of 150,314 shares, the short-interest 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 volume of 150,314 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

EPWK Price Performance

NASDAQ EPWK traded down $0.07 during trading hours on Monday, hitting $0.75. The company had a trading volume of 623,830 shares, compared to its average volume of 184,399. EPWK has a fifty-two week low of $0.62 and a fifty-two week high of $1,040.00. The business has a fifty day simple moving average of $1.87 and a 200-day simple moving average of $11.89.

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.