Short Interest in Where Food Comes From Inc. (NASDAQ:WFCF) Decreases By 86.3%

Where Food Comes From Inc. (NASDAQ:WFCF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 700 shares, a decline of 86.3% from the September 15th total of 5,100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Where Food Comes From Trading Down 1.0%

Shares of WFCF opened at $12.83 on Friday. The firm has a fifty day moving average price of $12.53 and a 200-day moving average price of $11.46. The firm has a market capitalization of $66.31 million, a P/E ratio of 32.89 and a beta of 0.66. Where Food Comes From has a 12-month low of $9.26 and a 12-month high of $13.78.

Where Food Comes From (NASDAQ:WFCF) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.11 earnings per share for the quarter. Where Food Comes From had a return on equity of 18.22% and a net margin of 7.99%.The company had revenue of $6.56 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Where Food Comes From in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.