Short Interest in WF Holding Limited (NASDAQ:WFF) Declines By 44.4%

WF Holding Limited (NASDAQ:WFF) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 26,350 shares, a decline of 44.4% from the July 15th total of 47,430 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 8,864 shares, the short-interest ratio is presently 3.0 days.

WF Price Performance

Shares of NASDAQ WFF opened at $2.22 on Wednesday. WF has a 12-month low of $0.91 and a 12-month high of $10.71. The company has a current ratio of 2.51, a quick ratio of 2.23 and a debt-to-equity ratio of 0.05. The business’s fifty day simple moving average is $2.40 and its 200-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.