MKDWELL Tech Inc. (NASDAQ:MKDW) Stock Short Interest Climbs 1,442.1%

by · The Markets Daily

MKDWELL Tech Inc. (NASDAQ:MKDW – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 45,970 shares, an increase of 1,442.1% from the August 31st total of 2,981 shares. Based on an average daily trading volume, of 198,409 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

MKDWELL Tech Stock Performance

NASDAQ MKDW traded down $0.03 during trading on Thursday, hitting $1.53. The stock had a trading volume of 207,859 shares, compared to its average volume of 327,100. MKDWELL Tech has a 12 month low of $1.50 and a 12 month high of $12.94. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 0.60. The company’s 50-day moving average price is $9.83 and its two-hundred day moving average price is $8.49.

MKDWELL Tech (NASDAQ:MKDW – Get Free Report) last posted its quarterly earnings data on Tuesday, September 8th. The company reported ($0.82) earnings per share (EPS) for the quarter. The firm had revenue of $0.77 million for the quarter.

About MKDWELL Tech

(Get Free Report)

MKDWELL Tech Inc is an automotive electronics manufacturer. MKDWELL Tech Inc, formerly known as Cetus Capital Acquisition Corp., is based in New York.

See Also