MetaWorks Platforms, Inc. (OTCMKTS:MWRK) Sees Large Drop in Short Interest

MetaWorks Platforms, Inc. (OTCMKTS:MWRK) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totalling 800 shares, a drop of 91.2% from the May 31st total of 9,100 shares. Based on an average trading volume of 544,400 shares, the short-interest ratio is currently 0.0 days.

MetaWorks Platforms Price Performance

Shares of MWRK opened at $0.01 on Friday. MetaWorks Platforms has a 52 week low of $0.01 and a 52 week high of $0.10. The stock has a 50 day moving average price of $0.02 and a two-hundred day moving average price of $0.02.

MetaWorks Platforms (OTCMKTS:MWRK) last posted its quarterly earnings data on Monday, May 20th. The company reported ($0.01) EPS for the quarter. MetaWorks Platforms had a negative net margin of 582.82% and a negative return on equity of 249.65%. On average, equities analysts anticipate that MetaWorks Platforms will post -0.01 earnings per share for the current year.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “neutral” rating on shares of MetaWorks Platforms in a research report on Friday, April 19th.

MetaWorks Platforms Company Profile

MetaWorks Platforms, Inc provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services.