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

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

MetaWorks Platforms Stock Performance

MWRK opened at $0.01 on Friday. MetaWorks Platforms has a fifty-two week low of $0.01 and a fifty-two week high of $0.10. The firm’s fifty day moving average price is $0.02 and its two-hundred day moving average price is $0.02.

MetaWorks Platforms (OTCMKTS:MWRK) last issued its earnings results 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, sell-side analysts anticipate that MetaWorks Platforms will post -0.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “neutral” rating on shares of MetaWorks Platforms in a research note 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.