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

Where Food Comes From, Inc. (NASDAQ:WFCF) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 13,600 shares, a decline 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 currently 2.8 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Investors Weigh In On Where Food Comes From

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bard Associates Inc. lifted its position in shares of Where Food Comes From by 22.6% during the 3rd quarter. Bard Associates Inc. now owns 60,221 shares of the company’s stock valued at $649,000 after acquiring an additional 11,106 shares during the period. Geode Capital Management LLC increased its stake in Where Food Comes From by 23.8% in the third quarter. Geode Capital Management LLC now owns 25,955 shares of the company’s stock valued at $280,000 after purchasing an additional 4,984 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Where Food Comes From during the third quarter valued at about $2,223,000. Institutional investors own 18.84% of the company’s stock.

Where Food Comes From Trading Down 4.5 %

Shares of WFCF opened at $12.37 on Tuesday. The firm’s fifty day simple moving average is $11.91 and its two-hundred day simple moving average is $11.43. Where Food Comes From has a 12 month low of $9.76 and a 12 month high of $13.95. The stock has a market capitalization of $65.28 million, a P/E ratio of 35.34 and a beta of 0.55.

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.