Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Up 25.3% in February

Wesfarmers Limited (OTCMKTS:WFAFY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 9,400 shares, a growth of 25.3% from the February 13th total of 7,500 shares. Based on an average trading volume of 41,900 shares, the short-interest ratio is presently 0.2 days.

Wesfarmers Price Performance

OTCMKTS WFAFY opened at $22.18 on Monday. Wesfarmers has a twelve month low of $20.68 and a twelve month high of $27.17. The business’s fifty day moving average is $23.26 and its 200 day moving average is $23.19.

Wesfarmers Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 3rd will be paid a $0.3034 dividend. The ex-dividend date of this dividend is Monday, March 3rd. Wesfarmers’s dividend payout ratio is 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.