WF Holding Limited (NASDAQ:WFF) Sees Significant Decline in Short Interest

WF Holding Limited (NASDAQ:WFF) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 36,550 shares, a drop of 26.0% from the November 30th total of 49,379 shares. Based on an average daily volume of 42,562 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 42,562 shares, the days-to-cover ratio is presently 0.9 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a report on Monday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

WF Stock Up 2.2%

Shares of WFF opened at $0.50 on Wednesday. The business’s 50-day moving average is $0.60 and its two-hundred day moving average is $1.25. WF has a fifty-two week low of $0.41 and a fifty-two week high of $29.26.

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.