Short Interest in WF Holding Limited (NASDAQ:WFF) Grows By 405.7%
by Mitch Edgeman · The Markets DailyWF Holding Limited (NASDAQ:WFF – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 47,430 shares, a growth of 405.7% from the June 30th total of 9,379 shares. Based on an average daily volume of 448,553 shares, the short-interest ratio is presently 0.1 days. Currently, 0.9% of the company’s stock are short sold.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of WF in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, WF presently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on WFF
WF Price Performance
Shares of NASDAQ WFF traded down $0.17 during mid-day trading on Friday, hitting $2.11. The company had a trading volume of 9,433 shares, compared to its average volume of 245,652. The firm has a 50-day simple moving average of $2.33 and a two-hundred day simple moving average of $2.05. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.51 and a quick ratio of 2.23. WF has a one year low of $0.91 and a one year high of $6.55.
WF (NASDAQ:WFF – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($0.46) earnings per share (EPS) for the quarter. The company had revenue of $1.94 million during the quarter.
WF Company Profile
W.F Holding Ltd. engages in the manufacture of fiberglass reinforced plastic and FRP products. It sells a range of FRP products, including filament wound and molded tanks, thermoplastic tanks, lining products, ducting and fitting products, air pollution control equipment, and custom-made products. The firm also offer delivery, installation and repair, maintenance services, and on-site consultation services. The company was founded on March 7, 2023 and is headquartered in Shah Alam, Malaysia.