Short Interest in Where Food Comes From, Inc. (NASDAQ:WFCF) Decreases By 14.5%

Where Food Comes From, Inc. (NASDAQ:WFCF - Get Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 13,600 shares, a drop of 14.5% from the November 30th total of 15,900 shares. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is presently 2.8 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On Where Food Comes From

Several hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC lifted 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 worth $280,000 after buying an additional 4,984 shares during the last quarter. Bard Associates Inc. boosted its stake in shares of Where Food Comes From by 22.6% in the 3rd quarter. Bard Associates Inc. now owns 60,221 shares of the company's stock valued at $649,000 after purchasing an additional 11,106 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Where Food Comes From during the 3rd quarter valued at $2,223,000. 18.84% of the stock is currently owned by institutional investors.

Where Food Comes From Stock Performance

Where Food Comes From stock remained flat at $12.95 during midday trading on Friday. The company had a trading volume of 400 shares, compared to its average volume of 5,626. Where Food Comes From has a twelve month low of $9.76 and a twelve month high of $13.95. The firm has a market capitalization of $68.38 million, a P/E ratio of 37.00 and a beta of 0.55. The stock's 50-day moving average price is $11.89 and its 200-day moving average price is $11.43.

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.