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

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 1,700 shares, a decline of 54.1% from the April 30th total of 3,700 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company's stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of WFCF. Northern Trust Corp purchased a new position in shares of Where Food Comes From during the fourth quarter valued at approximately $197,000. Bard Associates Inc. grew its position in Where Food Comes From by 10.5% in the 4th quarter. Bard Associates Inc. now owns 66,552 shares of the company's stock worth $881,000 after purchasing an additional 6,331 shares during the period. Finally, Aristides Capital LLC grew its position 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 during the period. 18.84% of the stock is owned by institutional investors.

Where Food Comes From Price Performance

NASDAQ:WFCF traded up $0.09 during mid-day trading on Monday, hitting $9.78. 379 shares of the company's stock were exchanged, compared to its average volume of 3,278. The company has a market cap of $51.18 million, a PE ratio of 25.08 and a beta of 0.57. Where Food Comes From has a one year low of $9.26 and a one year high of $13.50. The business has a fifty day moving average price of $10.85 and a 200 day moving average price of $11.73.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $5.27 million during the quarter. Where Food Comes From had a return on equity of 19.31% and a net margin of 8.23%.

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.