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

Wesfarmers Limited (OTCMKTS:WFAFY) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,500 shares, a decrease of 71.3% from the December 31st total of 8,700 shares. Based on an average daily trading volume, of 59,300 shares, the short-interest ratio is currently 0.0 days.

Wesfarmers Price Performance

Shares of WFAFY opened at $24.87 on Friday. Wesfarmers has a one year low of $18.30 and a one year high of $27.17. The firm has a 50-day moving average of $22.84 and a 200-day moving average of $23.30.

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.