MKDWELL Tech Inc. (NASDAQ:MKDW) Short Interest Update

MKDWELL Tech Inc. (NASDAQ:MKDW) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 140,353 shares, a drop of 54.3% from the December 15th total of 306,796 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 157,046 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 157,046 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MKDWELL Tech stock. Citadel Advisors LLC acquired a new position in shares of MKDWELL Tech Inc. (NASDAQ:MKDW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 233,545 shares of the company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned approximately 1.26% of MKDWELL Tech at the end of the most recent reporting period. Institutional investors own 70.04% of the company’s stock.

MKDWELL Tech Stock Down 6.4%

MKDW stock traded down $0.01 during midday trading on Friday, hitting $0.16. The stock had a trading volume of 612,355 shares, compared to its average volume of 5,970,933. The business has a 50-day moving average of $0.18 and a two-hundred day moving average of $0.20. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.30 and a quick ratio of 1.28. MKDWELL Tech has a 52-week low of $0.15 and a 52-week high of $1.20.

MKDWELL Tech Company Profile

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