Wesfarmers Limited (OTCMKTS:WFAFY) Short Interest Up 259.3% in July

Wesfarmers Limited (OTCMKTS:WFAFY) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 52,100 shares, agrowthof259.3% from the July 15th total of 14,500 shares. Based on an average daily volume of 58,700 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 58,700 shares, the days-to-cover ratio is currently 0.9 days.

Wesfarmers Stock Up 0.3%

Shares of OTCMKTS:WFAFY opened at $28.97 on Friday. Wesfarmers has a 52-week low of $20.08 and a 52-week high of $30.58. The company has a 50 day moving average of $27.60 and a two-hundred day moving average of $25.37.

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.