Short Interest in Wesfarmers Limited (OTCMKTS:WFAFY) Expands By 79.7%

Wesfarmers Limited (OTCMKTS:WFAFY) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 21,200 shares, an increase of 79.7% from the July 31st total of 11,800 shares. Based on an average daily volume of 67,100 shares, the short-interest ratio is currently 0.3 days.

Wesfarmers Stock Down 0.4 %

Shares of WFAFY stock traded down $0.10 during trading hours on Wednesday, reaching $25.92. 13,905 shares of the stock traded hands, compared to its average volume of 22,271. Wesfarmers has a 1-year low of $15.67 and a 1-year high of $26.97. The business has a fifty day moving average price of $23.31 and a 200 day moving average price of $22.27.

Wesfarmers Company Profile

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.