WF Holding Limited (NASDAQ:WFF) Short Interest Down 38.2% in June

WF Holding Limited (NASDAQ:WFF) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,286 shares, a decline of 38.2% from the May 31st total of 19,867 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 31,106 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WF in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

WF Price Performance

WF stock remained flat at $2.81 during trading on Thursday. 2,692 shares of the company traded hands, compared to its average volume of 73,312. WF has a 12-month low of $0.91 and a 12-month high of $11.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.23 and a current ratio of 2.51. The company has a fifty day simple moving average of $2.08 and a 200 day simple moving average of $2.07.

WF (NASDAQ:WFF) last announced its earnings results on Thursday, April 30th. The company reported ($0.46) earnings per share (EPS) for the quarter. The business had revenue of $1.94 million during the quarter.

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.