WaFd, Inc (NASDAQ:WAFDP) Sees Large 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 trading volume of 59,446 shares, the days-to-cover ratio is presently 1.3 days.

WaFd Trading Down 0.2%

Shares of NASDAQ WAFDP traded down $0.03 during trading on Friday, reaching $16.30. The company had a trading volume of 4,327 shares, compared to its average volume of 20,200. WaFd has a 12-month low of $15.81 and a 12-month high of $17.49. The business’s 50-day moving average is $16.41 and its 200 day moving average is $16.54.

WaFd Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.3047 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.22 dividend on an annualized basis and a yield of 7.5%.

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.