Where Food Comes From, Inc. (NASDAQ:WFCF) Short Interest Up 56.8% in April

Where Food Comes From, Inc. (NASDAQ:WFCF) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 21,800 shares, a growth of 56.8% from the March 31st total of 13,900 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 6.4 days. Currently, 0.8% of the company’s stock are sold short.

Where Food Comes From Trading Down 0.4 %

NASDAQ:WFCF opened at $12.15 on Friday. The stock has a market capitalization of $66.58 million, a PE ratio of 31.97 and a beta of 0.63. Where Food Comes From has a 1-year low of $10.00 and a 1-year high of $14.77. The firm has a fifty day simple moving average of $11.87 and a 200 day simple moving average of $12.95.

Where Food Comes From (NASDAQ:WFCF) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $6.73 million for the quarter. Where Food Comes From had a return on equity of 19.40% and a net margin of 8.56%.

Institutional Trading of Where Food Comes From

A hedge fund recently raised its stake in Where Food Comes From stock. Bard Associates Inc. grew its position in Where Food Comes From, Inc. (NASDAQ:WFCF) by 3.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,150 shares of the company’s stock after buying an additional 1,535 shares during the quarter. Bard Associates Inc. owned 0.81% of Where Food Comes From worth $612,000 as of its most recent SEC filing. Institutional investors and hedge funds own 18.84% of the company’s stock.

Where Food Comes From Company Profile

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.