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

Where Food Comes From, Inc. (NASDAQ:WFCF) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 12,800 shares, a decrease of 15.2% from the December 31st total of 15,100 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is currently 2.8 days.

Where Food Comes From Stock Up 1.0 %

Shares of WFCF stock opened at $12.49 on Friday. Where Food Comes From has a 12-month low of $9.76 and a 12-month high of $13.90. The company has a market capitalization of $65.95 million, a PE ratio of 35.69 and a beta of 0.52. The firm has a 50 day moving average price of $12.57 and a two-hundred day moving average price of $11.62.

Where Food Comes From (NASDAQ:WFCF) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.09 earnings per share for the quarter. Where Food Comes From had a return on equity of 19.58% and a net margin of 7.50%. The business had revenue of $7.11 million during the quarter.

Institutional Investors Weigh In On Where Food Comes From

A number of institutional investors have recently modified their holdings of the business. Bard Associates Inc. increased its position in Where Food Comes From by 22.6% during the third quarter. Bard Associates Inc. now owns 60,221 shares of the company’s stock worth $649,000 after acquiring an additional 11,106 shares during the period. Geode Capital Management LLC grew its position in shares of Where Food Comes From by 23.8% during the 3rd quarter. Geode Capital Management LLC now owns 25,955 shares of the company’s stock worth $280,000 after purchasing an additional 4,984 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Where Food Comes From during the third quarter worth approximately $2,223,000. Finally, DGS Capital Management LLC acquired a new stake in shares of Where Food Comes From in the fourth quarter valued at approximately $147,000. Institutional investors own 18.84% of the company’s stock.

About Where Food Comes From

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.