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

WF Holding Limited (NASDAQ:WFF) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 112,420 shares, an increase of 326.6% from the July 30th total of 26,350 shares. Currently, 3.3% of the shares of the company are short sold. Based on an average daily volume of 3,791,456 shares, the days-to-cover ratio is currently 0.0 days.

WF Price Performance

NASDAQ WFF traded down $0.01 during trading hours on Thursday, hitting $1.89. The company’s stock had a trading volume of 172,968 shares, compared to its average volume of 7,738,428. WF has a 12 month low of $0.91 and a 12 month high of $10.71. The company’s 50 day simple moving average is $2.32 and its two-hundred day simple moving average is $2.04. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.51 and a quick ratio of 2.23.

About WF

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.