Short Interest in WF Holding Limited (NASDAQ:WFF) Increases By 53.0%

WF Holding Limited (NASDAQ:WFF) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 98,437 shares, a growth of 53.0% from the January 15th total of 64,336 shares. Based on an average daily trading volume, of 289,285 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 289,285 shares, the short-interest ratio is currently 0.3 days.

WF Trading Up 2.6%

Shares of NASDAQ:WFF opened at $0.42 on Friday. The company has a fifty day simple moving average of $0.46 and a 200 day simple moving average of $0.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.96 and a current ratio of 1.04. WF has a 12-month low of $0.37 and a 12-month high of $29.26.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of WF in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently 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.