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

WF Holding Limited (NASDAQ:WFF) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 376,158 shares, a growth of 234.6% from the August 15th total of 112,420 shares. Based on an average daily trading volume, of 11,049,722 shares, the days-to-cover ratio is presently 0.0 days. Approximately 10.9% of the shares of the stock are sold short.

WF Stock Performance

NASDAQ WFF opened at $2.03 on Friday. The company has a current ratio of 2.51, a quick ratio of 2.23 and a debt-to-equity ratio of 0.05. The firm’s 50 day simple moving average is $2.13 and its 200 day simple moving average is $2.03. WF has a 1 year low of $0.91 and a 1 year high of $10.71.

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.