WF Holding Limited (NASDAQ:WFF) Short Interest Update

WF Holding Limited (NASDAQ:WFF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 15,992 shares, a drop of 36.7% from the April 15th total of 25,263 shares. Based on an average daily volume of 12,594 shares, the short-interest ratio is currently 1.3 days. Approximately 0.3% of the shares of the stock are short sold.

WF Stock Down 7.6%

WF stock traded down $0.14 during midday trading on Monday, reaching $1.71. 14,621 shares of the company were exchanged, compared to its average volume of 85,227. The firm’s 50-day simple moving average is $1.71 and its 200-day simple moving average is $2.24. WF has a 1 year low of $0.91 and a 1 year high of $146.30. The company has a current ratio of 2.51, a quick ratio of 2.23 and a debt-to-equity ratio of 0.05.

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

Analysts Set New Price Targets

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