Short Interest in WaFd, Inc (NASDAQ:WAFDP) Drops By 23.0%

WaFd, Inc (NASDAQ:WAFDP) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 14,100 shares, a drop of 23.0% from the September 15th total of 18,300 shares. Based on an average trading volume of 28,300 shares, the short-interest ratio is presently 0.5 days.

WaFd Stock Performance

Shares of NASDAQ WAFDP opened at $19.42 on Friday. WaFd has a one year low of $12.02 and a one year high of $19.75. The business’s 50-day moving average price is $17.92 and its two-hundred day moving average price is $16.42.

WaFd Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.3047 dividend. The ex-dividend date is Monday, September 30th. This represents a $1.22 annualized dividend and a dividend yield of 6.28%.

Hedge Funds Weigh In On WaFd

An institutional investor recently bought a new position in WaFd stock. Thompson Investment Management Inc. bought a new position in shares of WaFd, Inc (NASDAQ:WAFDP) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $32,000.

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.