Short Interest in MDWerks, Inc. (OTCMKTS:MDWK) Drops By 40.9%

MDWerks, Inc. (OTCMKTS:MDWK) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decline of 40.9% from the March 15th total of 9,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 1.2 days.

MDWerks Trading Up 3.3 %

Shares of OTCMKTS MDWK traded up $0.01 during midday trading on Thursday, reaching $0.31. 500 shares of the stock were exchanged, compared to its average volume of 18,097. MDWerks has a 52-week low of $0.01 and a 52-week high of $0.32. The stock has a 50 day moving average price of $0.21 and a 200-day moving average price of $0.15. The company has a market capitalization of $67.66 million, a P/E ratio of -31.00 and a beta of 13.65. The company has a current ratio of 0.43, a quick ratio of 0.29 and a debt-to-equity ratio of 0.29.

MDWerks (OTCMKTS:MDWK) last issued its quarterly earnings results on Tuesday, March 25th. The company reported ($0.01) earnings per share (EPS) 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%.

About MDWerks

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.