Short Interest in MDWerks, Inc. (OTCMKTS:MDWK) Declines By 85.5%

MDWerks, Inc. (OTCMKTS:MDWK - Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 800 shares, a drop of 85.5% from the March 31st total of 5,500 shares. Based on an average daily volume of 8,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

MDWerks Stock Performance

Shares of MDWK stock remained flat at $0.31 on Friday. The stock has a 50-day moving average of $0.24 and a 200 day moving average of $0.16. MDWerks has a 12-month low of $0.01 and a 12-month high of $0.32. The company has a quick ratio of 0.29, a current ratio of 0.43 and a debt-to-equity ratio of 0.29. The company has a market cap of $68.18 million, a price-to-earnings ratio of -31.00 and a beta of 13.65.

MDWerks (OTCMKTS:MDWK - Get Free Report) last issued its quarterly earnings data on Tuesday, March 25th. The company reported ($0.01) EPS for the quarter. The company had revenue of $0.35 million during the quarter. MDWerks had a negative net margin of 53.07% and a negative return on equity of 132.97%.

MDWerks Company Profile

MDWerks, Inc, together with its subsidiaries, provides energy waving technologies in the United States. The company offers green and radio wave technologies. It also produces and sells alcoholic beverages, including whiskey and vodka. In addition, the company develops radio frequency applications. It serves structural engineering, food and beverage, alcoholic beverages, manufacturing, and adhesives industries.

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