Where Food Comes From Inc. (NASDAQ:WFCF) Short Interest Update

Where Food Comes From Inc. (NASDAQ:WFCF) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 9,003 shares, an increase of 27.7% from the March 15th total of 7,049 shares. Based on an average daily trading volume, of 2,518 shares, the days-to-cover ratio is presently 3.6 days. Currently, 0.4% of the company’s stock are short sold.

Where Food Comes From Trading Up 8.7%

NASDAQ:WFCF opened at $13.24 on Friday. Where Food Comes From has a 1 year low of $9.26 and a 1 year high of $13.78. The firm’s fifty day simple moving average is $12.30 and its 200 day simple moving average is $12.16. The firm has a market capitalization of $66.86 million, a PE ratio of 44.13 and a beta of 0.19.

Where Food Comes From (NASDAQ:WFCF) last posted its earnings results on Thursday, February 26th. The company reported ($0.04) earnings per share (EPS) for the quarter. Where Food Comes From had a net margin of 6.17% and a return on equity of 15.69%. The firm had revenue of $6.04 million during the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Aristides Capital LLC grew its stake in Where Food Comes From by 4.2% in the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock valued at $374,000 after buying an additional 1,300 shares during the last quarter. Vanguard Group Inc. grew its position in Where Food Comes From by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock worth $2,164,000 after purchasing an additional 5,017 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in Where Food Comes From in the 4th quarter worth $152,000. 18.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Where Food Comes From in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Where Food Comes From Company Profile

Where Food Comes From, Inc (NASDAQ: WFCF) is a food traceability and certification company headquartered in Caldwell, Idaho. Established from a ranch-to-plate verification program launched in 2005, the company now offers a suite of services designed to authenticate product attributes, verify production claims and enhance supply-chain transparency for agricultural producers and food brands.

The company’s core offerings include third-party certification audits, program development, on-farm risk assessments and digital traceability solutions.