Short Interest in The Wharf (Holdings) Limited (OTCMKTS:WARFY) Increases By 3,025.0%

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 12,500 shares, an increase of 3,025.0% from the February 28th total of 400 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 1.8 days.

Wharf Stock Performance

Wharf stock traded up $0.08 during mid-day trading on Wednesday, hitting $4.68. 595 shares of the company were exchanged, compared to its average volume of 2,136. The business has a fifty day moving average of $4.85 and a 200 day moving average of $5.20. Wharf has a 1-year low of $4.40 and a 1-year high of $6.98.

Wharf Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Investors of record on Monday, April 7th will be given a dividend of $0.0515 per share. The ex-dividend date of this dividend is Monday, April 7th. This is a boost from Wharf’s previous dividend of $0.05. Wharf’s dividend payout ratio (DPR) is 19.99%.

Wharf Company Profile

Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960s, Wharf is backed by a long standing mission of Building for Tomorrow and a proven track record in management and execution.