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

EPWK Holdings Ltd. (NASDAQ:EPWK) was the recipient of a significant 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 trading volume of 150,314 shares, the short-interest ratio is currently 0.1 days. Approximately 3.9% of the company’s shares are short sold. Approximately 3.9% of the company’s shares are short sold. Based on an average trading volume of 150,314 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on EPWK shares. Wall Street Zen upgraded EPWK to a “sell” rating in a research report on Saturday, November 22nd. Weiss Ratings restated a “sell (e+)” rating on shares of EPWK in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

EPWK Trading Down 8.2%

Shares of EPWK traded down $0.07 during midday trading on Friday, hitting $0.75. 623,830 shares of the stock were exchanged, 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 fifty day simple moving average of $1.87 and a 200 day simple moving average of $11.97.

EPWK Company Profile

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.