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 in the month of February. As of February 27th, there was short interest totaling 47,881 shares, a drop of 32.1% from the February 12th total of 70,557 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 27,578 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 27,578 shares, the short-interest ratio is presently 1.7 days. Approximately 0.2% of the shares of the stock are short sold.

WF Trading Down 0.2%

Shares of NASDAQ:WFF opened at $0.44 on Friday. The company’s fifty day moving average is $0.43 and its 200-day moving average is $0.63. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.96 and a current ratio of 1.04. WF has a 52 week low of $0.34 and a 52 week high of $29.26.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

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.