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

WF Holding Limited (NASDAQ:WFF) was the target of a significant increase in short interest during the month of 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. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 355,672 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 355,672 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

WF Trading Up 0.1%

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

Analyst Upgrades and Downgrades

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