Where Food Comes From, Inc. (NASDAQ:WFCF) Sees Large Growth in Short Interest

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) was the target of a significant increase in short interest during the month of 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. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 2.8 days. Currently, 0.5% of the company's shares are sold short.

Where Food Comes From Trading Up 0.7 %

Where Food Comes From stock traded up $0.08 during mid-day trading on Monday, hitting $11.44. The stock had a trading volume of 1,029 shares, compared to its average volume of 3,609. The stock has a 50-day simple moving average of $11.06 and a two-hundred day simple moving average of $11.48. The stock has a market capitalization of $61.50 million, a PE ratio of 29.33 and a beta of 0.52. Where Food Comes From has a 12 month low of $9.76 and a 12 month high of $13.95.

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

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.