WaFd, Inc (NASDAQ:WAFDP) Shares Shorted: Short Interest Up 119.4% in September

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 22,424 shares, a growth of 119.4% from the September 15th total of 10,222 shares. Based on an average trading volume of 24,229 shares, the short-interest ratio is currently 0.9 days.

WaFd Stock Performance

WaFd stock opened at $14.97 on Wednesday. The business has a 50 day simple moving average of $16.23 and a 200-day simple moving average of $16.36. WaFd has a 12 month low of $14.92 and a 12 month high of $17.49.

WaFd Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.3047 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.22 dividend on an annualized basis and a yield of 8.1%.

WaFd Company Profile

WaFd, Inc is the bank holding company for WaFd Bank, a regional financial institution that provides banking and lending services to individuals, businesses and commercial clients. The company offers deposit accounts, residential and commercial real estate loans, consumer lending, business banking, treasury management and other financial services.

WaFd Bank serves customers through branches and digital banking channels in the western United States. Its operating footprint includes Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas, with services tailored to consumers, small businesses, commercial borrowers and community organizations.

The company was founded in 1917 as Washington Federal and adopted the WaFd name as part of a broader rebranding effort.