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

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

Wall Street Analyst Weigh In

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

WF Trading Down 8.6%

WF stock opened at $0.37 on Monday. WF has a 1 year low of $0.34 and a 1 year high of $29.26. The firm’s 50 day moving average price is $0.44 and its 200-day moving average price is $0.66. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.03.

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.