5 Best High Short Interest Stocks to Buy Now

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1. SCWorx Corp. (NASDAQ: WORX)

Number of Hedge Fund Holders: N/A
Float Shorted: 57.6%   

SCWorx Corp. (NASDAQ: WORX) is ranked first on our list of 10 best high short interest stocks to buy now. The company’s shares have offered investors returns exceeding 70% over the course of the past six months. The firm markets software solutions for healthcare providers and is based in New York. Some of the services the firm offers include big data analytics, contract management, automation solutions, and data integration and warehousing. The company also sells personal protective equipment used by health workers in the fight against COVID-19. 

On June 2, the share price of SCWorx Corp. (NASDAQ: WORX) jumped close to 11% after the firm announced that it had regained compliance with the listing requirements with the NASDAQ and also promoted Tim Hannibal to the CEO of the firm. 

SCWorx Corp. (NASDAQ: WORX) is one of the most popular stocks on internet platform Reddit and the share price of the firm has a month-to-date return of over 50%. The resurgence of the coronavirus is also likely to give the firm a boost as it sells COVID-19 testing kits. 

You can also take a peek at 10 Stocks Reddit’s WallStreetBets is Buying in July 2021 and Top Robinhood Stocks Popular on Reddit.

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