Short Interest in WF Holding Limited (NASDAQ:WFF) Expands By 53.0%

WF Holding Limited (NASDAQ:WFF) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 98,437 shares, an increase of 53.0% from the January 15th total of 64,336 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 289,285 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 289,285 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are sold short.

WF Price Performance

Shares of WFF stock opened at $0.42 on Friday. WF has a 52 week low of $0.37 and a 52 week high of $29.26. The company has a 50 day moving average price of $0.46 and a 200-day moving average price of $0.70. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.03.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed 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 MarketBeat.com, WF has a consensus 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.