Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Down 88.9% in April

Wesfarmers Limited (OTCMKTS:WFAFY) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,500 shares, a decrease of 88.9% from the March 31st total of 13,500 shares. Based on an average trading volume of 35,200 shares, the short-interest ratio is currently 0.0 days.

Wesfarmers Stock Performance

OTCMKTS:WFAFY opened at $21.07 on Friday. Wesfarmers has a fifty-two week low of $15.14 and a fifty-two week high of $23.03. The company has a fifty day moving average of $21.59 and a two-hundred day moving average of $19.20.

Wesfarmers Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 11th. Stockholders of record on Tuesday, February 27th were issued a dividend of $0.2601 per share. The ex-dividend date of this dividend was Monday, February 26th. Wesfarmers’s payout ratio is 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.