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

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

MDWerks Stock Up 7.7 %

MDWerks stock opened at $0.28 on Friday. MDWerks has a 1-year low of $0.01 and a 1-year high of $0.32. The business has a fifty day moving average price of $0.18 and a 200-day moving average price of $0.14. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.43 and a quick ratio of 0.29. The stock has a market capitalization of $59.85 million, a price-to-earnings ratio of -28.00 and a beta of 13.02.

MDWerks (OTCMKTS:MDWK) last issued its quarterly earnings results on Tuesday, March 25th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.35 million for 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.