WaFd, Inc (NASDAQ:WAFDP) Short Interest Up 246.5% in June

WaFd, Inc (NASDAQ:WAFDP) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 75,200 shares, an increase of 246.5% from the May 31st total of 21,700 shares. Based on an average trading volume of 20,000 shares, the days-to-cover ratio is presently 3.8 days.

Institutional Trading of WaFd

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

WaFd Trading Up 0.4 %

NASDAQ:WAFDP traded up $0.06 during mid-day trading on Friday, hitting $14.66. The stock had a trading volume of 271,987 shares, compared to its average volume of 33,068. WaFd has a 52 week low of $12.02 and a 52 week high of $17.60. The company has a 50 day simple moving average of $15.57 and a 200-day simple moving average of $15.55.

WaFd Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be issued a $0.3047 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date of this dividend is Friday, June 28th.

About WaFd

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.