WF Holding Limited (NASDAQ:WFF) Sees Significant Decrease in Short Interest

WF Holding Limited (NASDAQ:WFF) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 140,218 shares, a decline of 18.2% from the March 15th total of 171,332 shares. Based on an average daily trading volume, of 79,177 shares, the short-interest ratio is presently 1.8 days. Currently, 0.6% of the shares of the company are sold short.

WF Price Performance

Shares of WF stock opened at $1.68 on Thursday. The firm has a fifty day moving average price of $1.89 and a 200 day moving average price of $2.65. WF has a 1 year low of $0.91 and a 1 year high of $146.30.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of WF in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, WF has an average 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.