MKDWELL Tech Inc. (NASDAQ:MKDW) Sees Significant Increase in Short Interest

MKDWELL Tech Inc. (NASDAQ:MKDW) was the recipient 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 trading volume of 198,409 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

MKDWELL Tech Trading Down 1.0%

Shares of NASDAQ:MKDW traded down $0.02 during trading on Friday, hitting $1.51. The company had a trading volume of 91,228 shares, compared to its average volume of 142,197. The company has a fifty day simple moving average of $9.83 and a two-hundred day simple moving average of $8.49. MKDWELL Tech has a one year low of $1.36 and a one year high of $12.94. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.47 and a quick ratio of 0.45.

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

About MKDWELL Tech

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