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

Where Food Comes From Inc. (NASDAQ:WFCF) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 7,136 shares, a decline of 20.7% from the March 31st total of 9,003 shares. Based on an average daily volume of 4,672 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Where Food Comes From

Several hedge funds have recently added to or reduced their stakes in WFCF. Vanguard Group Inc. boosted its stake in Where Food Comes From by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock valued at $2,164,000 after purchasing an additional 5,017 shares during the period. Aristides Capital LLC boosted its stake in Where Food Comes From by 4.2% during the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock valued at $374,000 after purchasing an additional 1,300 shares during the period. Finally, Cetera Investment Advisers bought a new stake in Where Food Comes From during the 4th quarter valued at approximately $152,000. Institutional investors own 18.84% of the company’s stock.

Where Food Comes From Stock Performance

WFCF opened at $12.43 on Friday. The company has a market cap of $62.75 million, a PE ratio of 41.42 and a beta of 0.12. The stock has a 50-day moving average of $12.43 and a 200-day moving average of $12.11. Where Food Comes From has a 52-week low of $9.26 and a 52-week high of $13.78.

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

About Where Food Comes From

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.