WF Holding Limited (NASDAQ:WFF) Sees Large Decrease in Short Interest

WF Holding Limited (NASDAQ:WFF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,286 shares, a drop of 38.2% from the May 31st total of 19,867 shares. Based on an average daily volume of 31,106 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

WF Stock Performance

NASDAQ WFF opened at $2.81 on Friday. WF has a 52 week low of $0.91 and a 52 week high of $11.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.23 and a current ratio of 2.51. The company has a 50-day moving average price of $2.11 and a two-hundred day moving average price of $2.07.

WF (NASDAQ:WFF) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.46) earnings per share for the quarter. The firm had revenue of $1.94 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of WF in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

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.