WF Holding Limited (NASDAQ:WFF) Short Interest Down 32.1% in February

WF Holding Limited (NASDAQ:WFF) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 47,881 shares, a decline of 32.1% from the February 12th total of 70,557 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 27,578 shares, the short-interest ratio is currently 1.7 days. Based on an average daily volume of 27,578 shares, the short-interest ratio is currently 1.7 days. Approximately 0.2% of the company’s stock are sold short.

WF Price Performance

Shares of WFF opened at $0.45 on Friday. WF has a 52-week low of $0.34 and a 52-week high of $29.26. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average price of $0.43 and a 200 day moving average price of $0.63.

Analysts Set New Price Targets

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