Short Interest in Earlyworks Co., Ltd (NASDAQ:ELWS) Grows By 14.9%

Earlyworks Co., Ltd (NASDAQ:ELWS) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 16,200 shares, an increase of 14.9% from the September 30th total of 14,100 shares. Based on an average daily volume of 696,000 shares, the days-to-cover ratio is currently 0.0 days.

Earlyworks Trading Up 7.0 %

NASDAQ:ELWS traded up $0.15 on Thursday, hitting $2.30. 13,658 shares of the stock were exchanged, compared to its average volume of 356,142. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.75 and a current ratio of 2.75. Earlyworks has a 52 week low of $1.04 and a 52 week high of $13.00. The company’s 50-day moving average price is $2.35 and its 200 day moving average price is $2.41.

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.