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

Posted by Stacy Sanders on Oct 31st, 2026

Wesfarmers Limited (OTCMKTS:WFAFY – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 131,890 shares, an increase of 141.6% from the September 30th total of 54,592 shares. Based on an average trading volume of 245,593 shares, the days-to-cover ratio is currently 0.5 days.

Wesfarmers Stock Performance

Shares of OTCMKTS WFAFY opened at $26.90 on Friday. Wesfarmers has a fifty-two week low of $24.50 and a fifty-two week high of $33.31. The business has a 50-day moving average of $27.08 and a 200-day moving average of $28.24.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WFAFY. Jefferies Financial Group raised shares of Wesfarmers from an “underperform” rating to a “hold” rating and set a $68.50 price target for the company in a research note on Thursday. Royal Bank Of Canada initiated coverage on shares of Wesfarmers in a research report on Thursday, July 30th. They issued an “underperform” rating and a $73.00 price objective on the stock. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Wesfarmers has a consensus rating of “Sell” and an average target price of $70.75.

Check Out Our Latest Stock Analysis on WFAFY

Wesfarmers Company Profile

(Get Free Report)

Wesfarmers Limited is an Australian diversified company headquartered in Perth, Western Australia. Its principal retail businesses include Bunnings, a retailer of home improvement and outdoor living products; Kmart, which sells apparel, homewares and general merchandise; and Officeworks, a supplier of stationery, technology and office products. Wesfarmers also operates Priceline, a pharmacy and health-and-beauty retail network, through its Wesfarmers Health business.

The company’s industrial operations include WesCEF, which produces and distributes chemicals, fertilisers and industrial gases, as well as businesses involved in industrial and safety products and services.