Short Interest in MetaWorks Platforms, Inc. (OTCMKTS:MWRK) Decreases By 38.9%

MetaWorks Platforms, Inc. (OTCMKTS:MWRK) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 49,300 shares, a drop of 38.9% from the September 30th total of 80,700 shares. Based on an average daily volume of 76,200 shares, the short-interest ratio is presently 0.6 days.

MetaWorks Platforms Price Performance

MWRK opened at $0.02 on Friday. The stock’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.01. The firm has a market cap of $1.59 million, a price-to-earnings ratio of -0.21 and a beta of 1.10. MetaWorks Platforms has a 1 year low of $0.00 and a 1 year high of $0.05.

MetaWorks Platforms (OTCMKTS:MWRK) last announced its quarterly earnings results on Tuesday, August 20th. The company reported ($0.02) earnings per share for the quarter. As a group, sell-side analysts anticipate that MetaWorks Platforms will post -0.01 EPS for the current year.

MetaWorks Platforms Company Profile

MetaWorks Platforms, Inc provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services.