Short Interest in Wesfarmers Limited (OTCMKTS:WFAFY) Drops By 22.8%

Wesfarmers Limited (OTCMKTS:WFAFYGet Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 6,100 shares, a decrease of 22.8% from the April 30th total of 7,900 shares. Based on an average trading volume of 39,300 shares, the days-to-cover ratio is presently 0.2 days.

Wesfarmers Stock Up 2.2 %

OTCMKTS:WFAFY opened at $21.32 on Friday. The business’s 50-day moving average price is $21.90 and its two-hundred day moving average price is $20.20. Wesfarmers has a twelve month low of $15.14 and a twelve month high of $23.82.

Wesfarmers Company Profile

(Get Free Report)

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.

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