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

Wesfarmers Limited (OTCMKTS:WFAFY) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,500 shares, a drop of 71.3% from the December 31st total of 8,700 shares. Based on an average trading volume of 59,300 shares, the short-interest ratio is presently 0.0 days.

Wesfarmers Stock Up 0.3 %

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

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.