Where Food Comes From, Inc. (NASDAQ:WFCF) Short Interest Down 32.9% in April

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) saw a large decline in short interest in 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. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On Where Food Comes From

A number of hedge funds have recently made changes to their positions in the stock. Bard Associates Inc. grew its stake in shares of Where Food Comes From by 10.5% during the fourth quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock worth $881,000 after buying an additional 6,331 shares during the last quarter. Aristides Capital LLC increased its holdings in Where Food Comes From by 12.1% in the 4th quarter. Aristides Capital LLC now owns 31,251 shares of the company's stock worth $414,000 after purchasing an additional 3,370 shares in the last quarter. Geode Capital Management LLC raised its position in Where Food Comes From by 23.8% in the third quarter. Geode Capital Management LLC now owns 25,955 shares of the company's stock valued at $280,000 after purchasing an additional 4,984 shares during the last quarter. Northern Trust Corp acquired a new stake in shares of Where Food Comes From during the fourth quarter valued at about $197,000. Finally, DGS Capital Management LLC bought a new position in Where Food Comes From in the 4th quarter valued at approximately $147,000. 18.84% of the stock is currently owned by institutional investors and hedge funds.

Where Food Comes From Stock Performance

Shares of NASDAQ WFCF traded down $0.17 during trading hours on Friday, hitting $11.02. 114 shares of the stock were exchanged, compared to its average volume of 4,051. Where Food Comes From has a 1-year low of $9.76 and a 1-year high of $13.50. The company has a market cap of $57.69 million, a PE ratio of 28.27 and a beta of 0.53. The company's fifty day simple moving average is $11.36 and its two-hundred day simple moving average is $11.86.

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

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.