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

Where Food Comes From, Inc. (NASDAQ:WFCF) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 14,100 shares, an increase of 21.6% from the September 30th total of 11,600 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 5,000 shares, the short-interest ratio is presently 2.8 days.

Where Food Comes From Price Performance

WFCF opened at $11.55 on Wednesday. The business has a 50 day moving average price of $11.07 and a two-hundred day moving average price of $11.48. The company has a market capitalization of $62.09 million, a price-to-earnings ratio of 29.62 and a beta of 0.52. Where Food Comes From has a 1-year low of $9.76 and a 1-year high of $13.95.

Where Food Comes From (NASDAQ:WFCF) last announced its earnings results on Thursday, August 8th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $6.40 million during the quarter. Where Food Comes From had a return on equity of 21.08% and a net margin of 8.42%.

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.