Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Update

Wesfarmers Limited (OTCMKTS:WFAFY) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 3,400 shares, a drop of 46.9% from the May 15th total of 6,400 shares. Based on an average daily volume of 35,400 shares, the days-to-cover ratio is currently 0.1 days.

Wesfarmers Trading Down 0.1%

OTCMKTS:WFAFY opened at $27.49 on Tuesday. The firm’s fifty day moving average price is $25.63 and its 200 day moving average price is $23.90. Wesfarmers has a 1-year low of $20.08 and a 1-year high of $28.85.

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.