EPWK Holdings Ltd. (NASDAQ:EPWK) Short Interest Down 40.8% in December

EPWK Holdings Ltd. (NASDAQ:EPWK) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 19,707 shares, a decline 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 presently 0.1 days. Currently, 3.9% of the company’s stock are sold short. Currently, 3.9% of the company’s stock are sold short. Based on an average daily volume of 150,314 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

EPWK has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of EPWK in a research report on Monday, December 22nd. Wall Street Zen upgraded EPWK to a “sell” rating in a research note on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

EPWK Stock Down 8.2%

Shares of EPWK traded down $0.07 during mid-day trading on Friday, reaching $0.75. The company had a trading volume of 623,830 shares, compared to its average volume of 184,399. EPWK has a 52-week low of $0.62 and a 52-week high of $1,040.00. The stock has a 50 day moving average of $1.87 and a two-hundred day moving average of $11.97.

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.