Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Down 77.8% in October

Wesfarmers Limited (OTCMKTS:WFAFY) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 600 shares, a decrease of 77.8% from the October 15th total of 2,700 shares. Based on an average trading volume of 33,000 shares, the short-interest ratio is currently 0.0 days.

Wesfarmers Price Performance

Shares of Wesfarmers stock opened at $22.38 on Wednesday. The stock has a 50-day moving average price of $23.23 and a 200 day moving average price of $23.03. Wesfarmers has a 1 year low of $16.60 and a 1 year high of $27.17.

Wesfarmers Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 24th. Investors of record on Monday, September 9th were paid a $0.3133 dividend. This is an increase from Wesfarmers’s previous dividend of $0.26. The ex-dividend date of this dividend was Monday, September 9th. Wesfarmers’s dividend payout ratio is currently 37.01%.

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.