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

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 4,900 shares, a decline of 32.9% from the March 31st total of 7,300 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Where Food Comes From

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. DGS Capital Management LLC bought a new position in Where Food Comes From in the 4th quarter valued at about $147,000. Northern Trust Corp acquired a new stake in shares of Where Food Comes From during the 4th quarter worth approximately $197,000. Geode Capital Management LLC raised its holdings 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 buying an additional 4,984 shares in the last quarter. Aristides Capital LLC grew its holdings in shares of Where Food Comes From by 12.1% during the 4th quarter. Aristides Capital LLC now owns 31,251 shares of the company's stock valued at $414,000 after purchasing an additional 3,370 shares during the last quarter. Finally, Bard Associates Inc. lifted its stake in shares of Where Food Comes From by 10.5% in the 4th quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock valued at $881,000 after acquiring an additional 6,331 shares during the last quarter. Institutional investors own 18.84% of the company's stock.

Where Food Comes From Trading Down 2.1 %

Shares of WFCF traded down $0.24 during mid-day trading on Monday, hitting $10.96. 114 shares of the company traded hands, compared to its average volume of 4,046. The business has a 50-day moving average of $11.36 and a 200 day moving average of $11.87. The stock has a market capitalization of $57.33 million, a price-to-earnings ratio of 28.09 and a beta of 0.53. Where Food Comes From has a one year low of $9.76 and a one year high of $13.50.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.13 earnings per share (EPS) for the quarter. Where Food Comes From had a net margin of 8.23% and a return on equity of 19.31%. The company had revenue of $6.66 million during the quarter.

Where Food Comes From Company Profile

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.