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

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 3,780 shares, a drop of 63.4% from the May 31st total of 10,324 shares. Based on an average daily volume of 19,633 shares, the days-to-cover ratio is currently 0.2 days.

WaFd Price Performance

WAFDP stock traded down $0.63 during midday trading on Tuesday, hitting $16.11. 195,970 shares of the company’s stock were exchanged, compared to its average volume of 20,477. The firm has a 50 day moving average price of $16.46 and a 200-day moving average price of $16.58. WaFd has a 12-month low of $15.50 and a 12-month high of $17.49.

WaFd Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.3047 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.6%.

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.