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

Key Points

• Short interest in Where Food Comes From Inc. (NASDAQ:WFCF) increased by 130.0% in July, reaching a total of 4,600 shares shorted.
• Northern Trust Corp purchased a new stake in Where Food Comes From valued at approximately $197,000, now owning about 0.28% of the company.
• Where Food Comes From reported a net margin of 7.99% and $6.56 million in revenue during its last earnings announcement.

Where Food Comes From Inc. (NASDAQ:WFCF - Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,600 shares, anincreaseof130.0% from the July 15th total of 2,000 shares. Approximately0.2% of the company's stock are sold short. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 1.4 days. Approximately0.2% of the company's stock are sold short.

Institutional Trading of Where Food Comes From

A hedge fund recently bought a new stake in Where Food Comes From stock. Northern Trust Corp acquired a new stake in shares of Where Food Comes From Inc. (NASDAQ:WFCF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,844 shares of the company's stock, valued at approximately $197,000. Northern Trust Corp owned about 0.28% of Where Food Comes From at the end of the most recent quarter. 18.84% of the stock is owned by hedge funds and other institutional investors.

Where Food Comes From Stock Up 0.4%

Shares of Where Food Comes From stock traded up $0.05 during midday trading on Thursday, hitting $11.20. The company's stock had a trading volume of 10,485 shares, compared to its average volume of 875. The firm has a market capitalization of $57.90 million, a P/E ratio of 28.72 and a beta of 0.63. The stock has a 50-day simple moving average of $11.14 and a 200-day simple moving average of $11.15. Where Food Comes From has a 1-year low of $9.26 and a 1-year high of $13.50.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.11 EPS for the quarter. The business had revenue of $6.56 million during the quarter. Where Food Comes From had a return on equity of 18.22% and a net margin of 7.99%.

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.