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

WaFd, Inc (NASDAQ:WAFDP) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 74,832 shares, a growth of 1,879.7% from the June 15th total of 3,780 shares. Based on an average daily volume of 59,446 shares, the days-to-cover ratio is currently 1.3 days.

WaFd Stock Performance

Shares of NASDAQ WAFDP traded down $0.03 during mid-day trading on Friday, reaching $16.30. The company’s stock had a trading volume of 4,327 shares, compared to its average volume of 20,200. WaFd has a 52 week low of $15.81 and a 52 week high of $17.49. The stock has a fifty day moving average of $16.41 and a two-hundred day moving average of $16.54.

WaFd Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, June 30th.

About WaFd

Washington Federal, Inc (NASDAQ: WAFDP) is a bank holding company headquartered in Seattle, Washington, operating under the trade name WaFd Bank. Originally founded in 1922 as Ballard Savings and Loan Association in Seattle’s Ballard neighborhood, the company has expanded through organic growth and strategic acquisitions to become a leading regional financial institution in the western United States.

WaFd Bank provides a broad suite of personal banking products, including checking and savings accounts, money market and certificate of deposit offerings, and digital banking services.