Short Interest in WaFd, Inc (NASDAQ:WAFDP) Declines By 89.6%

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 11,600 shares, a drop of 89.6% from the June 30th total of 111,700 shares. Based on an average daily trading volume, of 26,500 shares, the short-interest ratio is presently 0.4 days.

WaFd Trading Up 0.8 %

Shares of WaFd stock traded up $0.12 on Thursday, hitting $15.98. 6,536 shares of the company traded hands, compared to its average volume of 31,933. WaFd has a 52 week low of $12.02 and a 52 week high of $17.60. The business has a 50-day simple moving average of $15.38 and a 200 day simple moving average of $15.59.

WaFd Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Sunday, June 30th were issued a $0.3047 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date of this dividend was Friday, June 28th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WaFd stock. Thompson Investment Management Inc. bought a new stake in WaFd, Inc (NASDAQ:WAFDP) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,000 shares of the company’s stock, valued at approximately $32,000.

WaFd Company Profile

WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.