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

WF Holding Limited (NASDAQ:WFF) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 64,336 shares, a decline of 25.6% from the December 31st total of 86,427 shares. Based on an average daily volume of 63,853 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 63,853 shares, the short-interest ratio is presently 1.0 days.

Analysts Set New Price Targets

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

WF Stock Down 4.3%

WFF traded down $0.02 during trading hours on Friday, hitting $0.47. The stock had a trading volume of 159,121 shares, compared to its average volume of 169,883. WF has a 1 year low of $0.38 and a 1 year high of $29.26. The company’s fifty day simple moving average is $0.50 and its 200 day simple moving average is $0.75. 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.