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

WF Holding Limited (NASDAQ:WFF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 36,550 shares, a drop of 26.0% from the November 30th total of 49,379 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 42,562 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 42,562 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s shares are sold short.

WF Price Performance

Shares of WFF stock opened at $0.49 on Tuesday. WF has a 52-week low of $0.41 and a 52-week high of $29.26. The company’s 50 day moving average is $0.60 and its 200 day moving average is $1.29.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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.