Wesfarmers Limited (OTCMKTS:WFAFY – Get Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 52,136 shares, a growth of 133.9% from the November 30th total of 22,287 shares. Based on an average trading volume of 203,218 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 203,218 shares, the short-interest ratio is presently 0.3 days.
Wesfarmers Stock Up 0.2%
Wesfarmers stock opened at $27.41 on Friday. Wesfarmers has a fifty-two week low of $20.08 and a fifty-two week high of $31.72. The company has a 50 day moving average price of $27.25 and a 200-day moving average price of $28.23.
About Wesfarmers
Wesfarmers Limited is one of Australia’s largest diversified corporations, headquartered in Perth, Western Australia. Established in 1914 as a farmers’ cooperative, the company has evolved into a broad-based conglomerate with operations spanning retail, industrials, chemicals, energy and resources. Wesfarmers is listed on the Australian Securities Exchange and trades in the United States over-the-counter under the symbol WFAFY.
In the retail sector, Wesfarmers owns and operates a number of high-profile brands, including Bunnings Warehouse, Kmart, Target and Officeworks.
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