Short Interest in Where Food Comes From Inc. (NASDAQ:WFCF) Rises By 107.8%

Where Food Comes From Inc. (NASDAQ:WFCF) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 9,565 shares, an increase of 107.8% from the November 30th total of 4,604 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 2,949 shares, the days-to-cover ratio is presently 3.2 days. Based on an average daily volume of 2,949 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Where Food Comes From

An institutional investor recently raised its position in Where Food Comes From stock. Vanguard Group Inc. raised its stake in Where Food Comes From Inc. (NASDAQ:WFCF) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 160,911 shares of the company’s stock after buying an additional 5,017 shares during the period. Vanguard Group Inc. owned about 3.11% of Where Food Comes From worth $2,164,000 at the end of the most recent quarter. 18.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Where Food Comes From in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Where Food Comes From Stock Performance

NASDAQ:WFCF opened at $11.31 on Monday. Where Food Comes From has a 52-week low of $9.26 and a 52-week high of $13.78. The stock has a fifty day moving average of $12.28 and a 200 day moving average of $12.02. The firm has a market capitalization of $57.79 million, a price-to-earnings ratio of 21.75 and a beta of 0.30.

Where Food Comes From (NASDAQ:WFCF) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $7.02 million for the quarter. Where Food Comes From had a return on equity of 24.41% and a net margin of 10.58%.

Where Food Comes From Company Profile

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.