WF Holding Limited (NASDAQ:WFF) Short Interest Up 234.6% in August

WF Holding Limited (NASDAQ:WFF) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 376,158 shares, an increase of 234.6% from the August 15th total of 112,420 shares. Approximately 10.9% of the shares of the stock are short sold. Based on an average daily volume of 11,049,722 shares, the short-interest ratio is presently 0.0 days.

WF Stock Down 2.8%

WF stock traded down $0.06 during trading on Monday, reaching $1.97. 82,762 shares of the company were exchanged, compared to its average volume of 1,011,210. WF has a 52-week low of $0.91 and a 52-week high of $10.71. 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 stock’s 50 day simple moving average is $2.13 and its two-hundred day simple moving average is $2.04.

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.