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 shares of the company are short sold. Based on an average daily volume of 157,046 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 157,046 shares, the short-interest ratio is presently 0.9 days. Currently, 1.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MKDWELL Tech stock. Citadel Advisors LLC purchased a new stake in MKDWELL Tech Inc. (NASDAQ:MKDW) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 233,545 shares of the company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned approximately 1.26% of MKDWELL Tech as of its most recent SEC filing. 70.04% of the stock is currently owned by hedge funds and other institutional investors.

MKDWELL Tech Trading Down 4.1%

Shares of MKDW traded down $0.01 during mid-day trading on Thursday, reaching $0.17. The company had a trading volume of 500,885 shares, compared to its average volume of 11,802,748. MKDWELL Tech has a 52-week low of $0.15 and a 52-week high of $1.20. The company has a quick ratio of 1.28, a current ratio of 1.30 and a debt-to-equity ratio of 0.44. The stock has a 50 day moving average of $0.18 and a two-hundred day moving average of $0.20.

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.