WaFd, Inc (NASDAQ:WAFDP) Sees Significant Increase in Short Interest

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 22,424 shares, a growth of 119.4% from the September 15th total of 10,222 shares. Based on an average trading volume of 24,229 shares, the short-interest ratio is presently 0.9 days.

WaFd Trading Up 1.2%

NASDAQ:WAFDP traded up $0.17 during trading hours on Thursday, reaching $15.07. 3,859 shares of the stock were exchanged, compared to its average volume of 19,193. WaFd has a twelve month low of $14.60 and a twelve month high of $17.49. The firm has a 50 day moving average of $16.20 and a 200 day moving average of $16.35.

WaFd Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.3047 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 8.1%.

WaFd Company Profile

WaFd, Inc is the bank holding company for WaFd Bank, a regional financial institution that provides banking and lending services to individuals, businesses and commercial clients. The company offers deposit accounts, residential and commercial real estate loans, consumer lending, business banking, treasury management and other financial services.

WaFd Bank serves customers through branches and digital banking channels in the western United States. Its operating footprint includes Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas, with services tailored to consumers, small businesses, commercial borrowers and community organizations.

The company was founded in 1917 as Washington Federal and adopted the WaFd name as part of a broader rebranding effort.