Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Update

Wesfarmers Limited (OTCMKTS:WFAFY) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 600 shares, a decrease of 77.8% from the October 15th total of 2,700 shares. Based on an average daily volume of 33,000 shares, the days-to-cover ratio is currently 0.0 days.

Wesfarmers Stock Down 1.8 %

WFAFY stock opened at $21.98 on Thursday. The firm’s 50-day simple moving average is $23.19 and its 200 day simple moving average is $23.03. Wesfarmers has a fifty-two week low of $16.76 and a fifty-two week high of $27.17.

Wesfarmers Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, October 24th. Investors of record on Monday, September 9th were paid a dividend of $0.3133 per share. The ex-dividend date of this dividend was Monday, September 9th. This is a boost from Wesfarmers’s previous dividend of $0.26. Wesfarmers’s dividend payout ratio (DPR) is currently 37.01%.

About Wesfarmers

Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks stores.