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

MetaWorks Platforms, Inc. (OTCMKTS:MWRK) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 2,100 shares, a drop of 22.2% from the July 15th total of 2,700 shares. Based on an average trading volume of 670,600 shares, the short-interest ratio is currently 0.0 days.

MetaWorks Platforms Stock Performance

Shares of MWRK stock remained flat at $0.00 during midday trading on Friday. 5,303 shares of the stock were exchanged, compared to its average volume of 242,082. The business’s fifty day moving average price is $0.01 and its 200 day moving average price is $0.02. MetaWorks Platforms has a 52 week low of $0.00 and a 52 week high of $0.08.

MetaWorks Platforms (OTCMKTS:MWRK) last issued its quarterly earnings data on Monday, May 20th. The company reported ($0.01) earnings per share for the quarter. Sell-side analysts forecast that MetaWorks Platforms will post -0.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

About MetaWorks Platforms

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.