Short Interest in Wesfarmers Limited (OTCMKTS:WFAFY) Rises By 48.0%

Wesfarmers Limited (OTCMKTS:WFAFY) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 3,700 shares, a growth of 48.0% from the January 15th total of 2,500 shares. Based on an average trading volume of 87,300 shares, the short-interest ratio is currently 0.0 days.

Wesfarmers Stock Up 2.1 %

Shares of Wesfarmers stock opened at $24.87 on Friday. The firm’s 50-day moving average price is $22.93 and its 200 day moving average price is $23.32. Wesfarmers has a twelve month low of $18.64 and a twelve month high of $27.17.

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.