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

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,700 shares, an increase of 114.0% from the August 15th total of 5,000 shares. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is currently 0.6 days.

WaFd Price Performance

Shares of NASDAQ:WAFDP opened at $16.91 on Monday. WaFd has a 12 month low of $15.25 and a 12 month high of $19.75. The company’s 50-day moving average price is $16.43 and its two-hundred day moving average price is $16.24.

WaFd Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.3047 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.22 dividend on an annualized basis and a yield of 7.2%.

About WaFd

WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.