Where Food Comes From, Inc. (NASDAQ:WFCF) Short Interest Down 33.6% in March

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 7,300 shares, a decrease of 33.6% from the March 15th total of 11,000 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.3% of the company's shares are short sold.

Institutional Trading of Where Food Comes From

Large investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new stake in shares of Where Food Comes From during the 3rd quarter valued at about $2,223,000. Northern Trust Corp purchased a new position in shares of Where Food Comes From in the fourth quarter valued at $197,000. DGS Capital Management LLC purchased a new stake in Where Food Comes From during the 4th quarter worth $147,000. Bard Associates Inc. lifted its holdings 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 buying an additional 6,331 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Where Food Comes From by 23.8% in the 3rd quarter. Geode Capital Management LLC now owns 25,955 shares of the company's stock valued at $280,000 after buying an additional 4,984 shares during the last quarter. 18.84% of the stock is currently owned by institutional investors and hedge funds.

Where Food Comes From Trading Down 2.9 %

WFCF traded down $0.35 during midday trading on Tuesday, hitting $11.55. The company's stock had a trading volume of 855 shares, compared to its average volume of 4,044. Where Food Comes From has a 52-week low of $9.76 and a 52-week high of $13.50. The firm has a 50-day moving average price of $11.53 and a two-hundred day moving average price of $11.87. The firm has a market cap of $60.44 million, a P/E ratio of 29.61 and a beta of 0.53.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $6.66 million for 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.