Short Interest in WaFd, Inc (NASDAQ:WAFDP) Drops By 33.7%

WaFd, Inc (NASDAQ:WAFDP) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 8,342 shares, a drop of 33.7% from the November 30th total of 12,586 shares. Based on an average daily volume of 25,388 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 25,388 shares, the days-to-cover ratio is currently 0.3 days.

WaFd Stock Performance

WaFd stock opened at $17.27 on Wednesday. WaFd has a 12 month low of $15.25 and a 12 month high of $17.60. The stock’s 50 day simple moving average is $16.76 and its two-hundred day simple moving average is $16.52.

WaFd (NASDAQ:WAFDP) last announced its quarterly earnings results on Friday, October 15th. The company reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $151.95 million for the quarter.

WaFd Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.3047 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.1%.

WaFd Company Profile

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.