WF Holding Limited (NASDAQ:WFF) Short Interest Down 82.0% in April

WF Holding Limited (NASDAQ:WFF) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 25,263 shares, a drop of 82.0% from the March 31st total of 140,218 shares. Based on an average trading volume of 71,268 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the shares of the stock are sold short.

WF Price Performance

Shares of WFF stock traded up $0.01 during midday trading on Friday, reaching $1.39. 15,612 shares of the company traded hands, compared to its average volume of 46,664. The firm’s 50 day simple moving average is $1.80 and its two-hundred day simple moving average is $2.50. 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 report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

WF Company Profile

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.