Short Interest in Where Food Comes From Inc. (NASDAQ:WFCF) Grows By 107.8%

Where Food Comes From Inc. (NASDAQ:WFCF) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 9,565 shares, a growth of 107.8% from the November 30th total of 4,604 shares. Based on an average daily volume of 2,949 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 2,949 shares, the days-to-cover ratio is currently 3.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Where Food Comes From in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Institutional Investors Weigh In On Where Food Comes From

A hedge fund recently raised its stake in Where Food Comes From stock. Vanguard Group Inc. lifted its holdings in shares of Where Food Comes From Inc. (NASDAQ:WFCF) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,911 shares of the company’s stock after buying an additional 5,017 shares during the period. Vanguard Group Inc. owned approximately 3.11% of Where Food Comes From worth $2,164,000 at the end of the most recent reporting period. 18.84% of the stock is currently owned by institutional investors and hedge funds.

Where Food Comes From Price Performance

Shares of NASDAQ WFCF opened at $11.31 on Friday. The firm has a market capitalization of $57.79 million, a PE ratio of 21.75 and a beta of 0.30. Where Food Comes From has a 1-year low of $9.26 and a 1-year high of $13.78. The business’s fifty day moving average price is $12.28 and its two-hundred day moving average price is $12.00.

Where Food Comes From (NASDAQ:WFCF) last announced its quarterly earnings results on Thursday, November 13th. The company reported $0.22 earnings per share (EPS) for the quarter. Where Food Comes From had a net margin of 10.58% and a return on equity of 24.41%. The company had revenue of $7.02 million during the quarter.

Where Food Comes From Company Profile

Where Food Comes From, Inc (NASDAQ: WFCF) is a food traceability and certification company headquartered in Caldwell, Idaho. Established from a ranch-to-plate verification program launched in 2005, the company now offers a suite of services designed to authenticate product attributes, verify production claims and enhance supply-chain transparency for agricultural producers and food brands.

The company’s core offerings include third-party certification audits, program development, on-farm risk assessments and digital traceability solutions.