Short Interest in Wesfarmers Limited (OTCMKTS:WFAFY) Declines By 71.3%

Wesfarmers Limited (OTCMKTS:WFAFY) was the recipient of a significant 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 trading volume of 59,300 shares, the days-to-cover ratio is presently 0.0 days.

Wesfarmers Price Performance

WFAFY traded up $0.08 on Thursday, reaching $23.78. The stock had a trading volume of 7,861 shares, compared to its average volume of 40,748. The firm has a 50-day moving average of $22.80 and a 200-day moving average of $23.29. Wesfarmers has a fifty-two week low of $18.30 and a fifty-two week high of $27.17.

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.