MDWerks, Inc. (OTCMKTS:MDWK) Sees Large Decline in Short Interest

MDWerks, Inc. (OTCMKTS:MDWK - Get Free Report) saw a large drop in short interest during the month of 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 short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

MDWerks Price Performance

Shares of MDWerks stock remained flat at $0.31 during trading on Thursday. 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 company's 50-day simple moving average is $0.25 and its two-hundred day simple moving average is $0.17. MDWerks has a 12-month low of $0.01 and a 12-month high of $0.32. 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 earnings results on Tuesday, March 25th. The company reported ($0.01) earnings per share for the quarter. MDWerks had a negative net margin of 53.07% and a negative return on equity of 132.97%. The business had revenue of $0.35 million for the quarter.

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.