MKDWELL Tech Inc. (NASDAQ:MKDW) Short Interest Down 61.7% in December

MKDWELL Tech Inc. (NASDAQ:MKDW) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 306,796 shares, a drop of 61.7% from the November 30th total of 800,206 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 245,850 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 245,850 shares, the days-to-cover ratio is presently 1.2 days. Approximately 2.1% of the shares of the stock are sold short.

MKDWELL Tech Stock Up 0.3%

Shares of MKDW stock traded up $0.00 on Friday, reaching $0.19. The company had a trading volume of 26,310 shares, compared to its average volume of 236,011. The business’s 50-day moving average is $0.19 and its 200 day moving average is $0.21. MKDWELL Tech has a one year low of $0.15 and a one year high of $1.20.

Institutional Trading of MKDWELL Tech

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 third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 233,545 shares of the company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned about 1.26% of MKDWELL Tech as of its most recent filing with the Securities and Exchange Commission. 70.04% of the stock is currently owned by institutional investors.

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.