Short Interest in MDWerks, Inc. (OTCMKTS:MDWK) Grows By 132.5%

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

MDWerks Stock Up 7.7 %

Shares of MDWK opened at $0.28 on Friday. The firm has a market capitalization of $59.85 million, a P/E ratio of -28.00 and a beta of 13.02. MDWerks has a 12-month low of $0.01 and a 12-month high of $0.32. The firm has a fifty day moving average price of $0.18 and a 200-day moving average price of $0.14. 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 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 company had revenue of $0.35 million for 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.