WaFd, Inc (NASDAQ:WAFDP) Sees Significant Increase in Short Interest

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 74,832 shares, an increase of 1,879.7% from the June 15th total of 3,780 shares. Based on an average daily trading volume, of 59,446 shares, the days-to-cover ratio is currently 1.3 days.

WaFd Price Performance

Shares of WAFDP stock traded down $0.03 on Friday, reaching $16.30. 4,327 shares of the company’s stock were exchanged, compared to its average volume of 20,200. WaFd has a 52 week low of $15.81 and a 52 week high of $17.49. The company’s fifty day simple moving average is $16.41 and its 200 day simple moving average is $16.54.

WaFd Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.3047 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.22 dividend on an annualized basis and a yield of 7.5%.

WaFd Company Profile

Washington Federal, Inc (NASDAQ: WAFDP) is a bank holding company headquartered in Seattle, Washington, operating under the trade name WaFd Bank. Originally founded in 1922 as Ballard Savings and Loan Association in Seattle’s Ballard neighborhood, the company has expanded through organic growth and strategic acquisitions to become a leading regional financial institution in the western United States.

WaFd Bank provides a broad suite of personal banking products, including checking and savings accounts, money market and certificate of deposit offerings, and digital banking services.