WF Holding Limited (NASDAQ:WFF) Short Interest Down 36.7% in April

WF Holding Limited (NASDAQ:WFF) saw a large drop in short interest during the month of 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 trading volume of 12,594 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

WF Stock Down 4.0%

WF stock traded down $0.07 during midday trading on Tuesday, hitting $1.70. 3,756 shares of the company’s stock were exchanged, compared to its average volume of 84,386. WF has a 52-week low of $0.91 and a 52-week high of $146.30. The stock has a 50-day moving average price of $1.69 and a two-hundred day moving average price of $2.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.51 and a quick ratio of 2.23.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of WF in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently 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.