Washington Federal (WAFD) has 3,686,480 shares of shorts outstanding as on August 15, 2016, with 14 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 4,023,565 shares. The stock has a decent trading volume of 272,073 shares daily. The marginal decrease in the short positions is by -8.4%, which amounts to -337,085 shares. Short positions are 4.1% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Washington Federal (NASDAQ:WAFD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.00 and $25.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.13, notching a gain of 0.31% for the day. The total traded volume was 200,456 . The stock had closed at $26.05 on the previous day.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Washington Federal Inc, Smith Barbara had purchased shares worth of $13,494 in a transaction dated on February 26, 2016. A total of 625 shares were purchased at a price of $21.59 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Washington Federal, Inc., is a United States of America-based bank holding company. Its principal subsidiary is Washington Federal, National Association, which operates 182 offices in eight western states. The Company obtains its funds primarily through deposits from the general public, repayments of loans, borrowings and retained earnings. These funds are used largely to make loans to individuals and businesses, including loans for the purchase of new and existing homes, construction and land loans, commercial real estate loans, commercial and industrial loans. The Company caters to Home Loans, Personal Banking and Commercial Banking segments.