WF Holding Limited (NASDAQ:WFF) Stock Short Interest Report for October

WF Holding Limited (NASDAQ:WFF) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 288,584 shares, a decline of 75.8% from the October 15th total of 1,192,457 shares. Based on an average trading volume of 5,607,853 shares, the short-interest ratio is currently 0.1 days. Approximately 206.1% of the company’s stock are short sold.

WF Trading Down 5.8%

NASDAQ WFF opened at $1.06 on Friday. The stock’s 50-day moving average price is $43.26 and its 200-day moving average price is $49.04. The company has a quick ratio of 4.74, a current ratio of 4.99 and a debt-to-equity ratio of 0.02. WF has a 52 week low of $1.00 and a 52 week high of $1,265.00.

WF (NASDAQ:WFF) last issued its quarterly earnings results on Friday, October 2nd. The company reported ($142.50) earnings per share (EPS) for the quarter. The business had revenue of $1.53 million during the quarter.

Wall Street Analysts Forecast Growth

WFF has been the subject of several analyst reports. Weiss Ratings downgraded shares of WF from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 23rd. Wall Street Zen cut WF from a “hold” rating to a “sell” rating in a research report on Saturday, October 17th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, 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.