Earlyworks Co., Ltd (NASDAQ:ELWS) Short Interest Update

Earlyworks Co., Ltd (NASDAQ:ELWS) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 15,300 shares, a decrease of 22.3% from the February 13th total of 19,700 shares. Based on an average daily volume of 32,600 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.5% of the company’s stock are sold short.

Earlyworks Stock Performance

Earlyworks stock traded up $0.04 during mid-day trading on Monday, hitting $1.99. The company had a trading volume of 13,125 shares, compared to its average volume of 17,140. Earlyworks has a 1 year low of $1.04 and a 1 year high of $8.68. The business has a fifty day moving average of $2.73 and a 200 day moving average of $2.70.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Earlyworks stock. Renaissance Technologies LLC acquired a new position in shares of Earlyworks Co., Ltd (NASDAQ:ELWS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 26,400 shares of the company’s stock, valued at approximately $70,000. Renaissance Technologies LLC owned about 0.88% of Earlyworks as of its most recent filing with the Securities & Exchange Commission. 0.47% of the stock is currently owned by hedge funds and other institutional investors.

Earlyworks Company Profile

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.