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

MKDWELL Tech Inc. (NASDAQ:MKDW) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,671 shares, a decrease of 52.4% from the July 30th total of 7,716 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,421 shares, the days-to-cover ratio is presently 2.6 days.

MKDWELL Tech Trading Down 7.7%

Shares of MKDW stock traded down $0.88 during trading hours on Friday, hitting $10.55. 857 shares of the company were exchanged, compared to its average volume of 1,511. MKDWELL Tech has a fifty-two week low of $1.71 and a fifty-two week high of $12.94. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.23. The company has a 50 day simple moving average of $11.41 and a two-hundred day simple moving average of $7.79.

Institutional Investors Weigh In On MKDWELL Tech

An institutional investor recently bought a new stake in MKDWELL Tech stock. Citadel Advisors LLC bought a new position in shares of MKDWELL Tech Inc. (NASDAQ:MKDW) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 233,545 shares of the company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned 1.26% of MKDWELL Tech as of its most recent SEC filing. 70.04% of the stock is owned by institutional investors.

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.