Short Interest in WF Holding Limited (NASDAQ:WFF) Decreases By 28.3%

WF Holding Limited (NASDAQ:WFF) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 70,557 shares, a decline of 28.3% from the January 29th total of 98,437 shares. Based on an average trading volume of 53,624 shares, the short-interest ratio is presently 1.3 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 53,624 shares, the short-interest ratio is presently 1.3 days.

WF Price Performance

Shares of WFF stock opened at $0.37 on Friday. 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 business has a 50 day simple moving average of $0.44 and a 200 day simple moving average of $0.66. WF has a 12-month low of $0.34 and a 12-month high of $29.26.

Analysts Set New Price Targets

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