Short Interest in WF Holding Limited (NASDAQ:WFF) Drops By 36.7%

WF Holding Limited (NASDAQ:WFF) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 15,992 shares, a decline of 36.7% from the April 15th total of 25,263 shares. Based on an average daily volume of 12,594 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.3% of the shares of the company are sold short.

WF Trading Down 5.1%

NASDAQ WFF opened at $1.68 on Wednesday. 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 has a twelve month low of $0.91 and a twelve month high of $146.30. The company’s 50-day simple moving average is $1.68 and its 200 day simple moving average is $2.20.

WF (NASDAQ:WFF) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.46) earnings per share for the quarter. The business had revenue of $1.94 million for the quarter.

Analysts Set New Price Targets

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