Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Up 314.3% in January

Wesfarmers Limited (OTCMKTS:WFAFY) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 8,700 shares, an increase of 314.3% from the December 31st total of 2,100 shares. Based on an average daily volume of 42,800 shares, the short-interest ratio is presently 0.2 days.

Wesfarmers Trading Up 0.3 %

OTCMKTS:WFAFY opened at $23.78 on Thursday. The stock has a fifty day simple moving average of $22.80 and a 200 day simple moving average of $23.29. Wesfarmers has a 1-year low of $18.30 and a 1-year high of $27.17.

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.