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

WF Holding Limited (NASDAQ:WFF) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 171,332 shares, an increase of 257.8% from the February 26th total of 47,881 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 2,900,641 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of WF in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

WF Stock Performance

NASDAQ:WFF opened at $0.37 on Friday. WF has a 1-year low of $0.34 and a 1-year high of $29.26. The firm has a 50 day simple moving average of $0.42 and a 200-day simple moving average of $0.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.04 and a quick ratio of 0.96.

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.