Wesfarmers Limited (OTCMKTS:WFAFY) Sees Significant Increase in Short Interest

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

Wesfarmers Stock Performance

WFAFY opened at $24.87 on Friday. The business has a 50-day moving average of $22.93 and a two-hundred day moving average of $23.32. Wesfarmers has a 12 month low of $18.64 and a 12 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.