MDWerks, Inc. (OTCMKTS:MDWK) Short Interest Update

MDWerks, Inc. (OTCMKTS:MDWK) was the recipient of a significant growth in short interest in 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. Based on an average trading volume of 15,400 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

MDWerks Stock Performance

OTCMKTS:MDWK traded up $0.02 during mid-day trading on Friday, hitting $0.28. The stock had a trading volume of 357 shares, compared to its average volume of 22,016. MDWerks has a twelve month low of $0.01 and a twelve month high of $0.32. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.29 and a current ratio of 0.43. The stock has a market cap of $59.85 million, a price-to-earnings ratio of -28.00 and a beta of 13.02. The company’s 50 day simple moving average is $0.18 and its 200 day simple moving average is $0.14.

MDWerks (OTCMKTS:MDWK) last posted its quarterly 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 during the quarter.

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.