Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Update

Wesfarmers Limited (OTCMKTS:WFAFY) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,500 shares, a drop of 88.9% from the March 31st total of 13,500 shares. Based on an average daily volume of 35,200 shares, the short-interest ratio is presently 0.0 days.

Wesfarmers Price Performance

Shares of WFAFY stock traded down $0.16 on Thursday, hitting $21.04. 26,991 shares of the company’s stock traded hands, compared to its average volume of 19,549. Wesfarmers has a one year low of $15.14 and a one year high of $23.03. The company’s fifty day simple moving average is $21.59 and its 200 day simple moving average is $19.20.

Wesfarmers Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 11th. Investors of record on Tuesday, February 27th were issued a dividend of $0.2601 per share. The ex-dividend date of this dividend was Monday, February 26th. Wesfarmers’s dividend payout ratio 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.