MDWerks, Inc. (OTCMKTS:MDWK) Short Interest Up 132.5% in March

MDWerks, Inc. (OTCMKTS:MDWK) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 9,300 shares, an increase of 132.5% from the February 28th total of 4,000 shares. Based on an average trading volume of 15,400 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are sold short.

MDWerks Trading Up 7.7 %

Shares of MDWK traded up $0.02 during trading hours on Friday, hitting $0.28. 357 shares of the stock were exchanged, compared to its average volume of 22,016. MDWerks has a fifty-two week low of $0.01 and a fifty-two week high of $0.32. The business has a 50-day moving average of $0.18 and a 200-day moving average of $0.13. The firm has a market capitalization of $59.85 million, a P/E ratio of -28.00 and a beta of 13.02. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.43 and a quick ratio of 0.29.

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

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.