Where Food Comes From Inc. (NASDAQ:WFCF) Short Interest Down 86.3% in September

Where Food Comes From Inc. (NASDAQ:WFCF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 700 shares, a decrease of 86.3% from the September 15th total of 5,100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Where Food Comes From Trading Down 1.0%

WFCF opened at $12.83 on Friday. The company has a 50 day moving average of $12.53 and a 200 day moving average of $11.45. The company has a market cap of $66.31 million, a PE ratio of 32.89 and a beta of 0.66. Where Food Comes From has a 12 month low of $9.26 and a 12 month high of $13.78.

Where Food Comes From (NASDAQ:WFCF) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.11 EPS for the quarter. Where Food Comes From had a net margin of 7.99% and a return on equity of 18.22%. The firm had revenue of $6.56 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Where Food Comes From in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Where Food Comes From Company Profile

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.