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

WF Holding Limited (NASDAQ:WFF) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 86,427 shares, an increase of 136.5% from the December 15th total of 36,550 shares. Based on an average daily trading volume, of 355,672 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 355,672 shares, the days-to-cover ratio is currently 0.2 days.

WF Stock Performance

NASDAQ:WFF opened at $0.44 on Thursday. WF has a 52 week low of $0.41 and a 52 week high of $29.26. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.04 and a quick ratio of 0.96. The firm has a 50 day moving average of $0.53 and a 200 day moving average of $0.86.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WF in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus 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.