Short Interest in The Wharf (Holdings) Limited (OTCMKTS:WARFY) Declines By 75.0%

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 500 shares, a decline of 75.0% from the September 30th total of 2,000 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is presently 0.1 days.

Wharf Stock Performance

Shares of Wharf stock opened at $5.49 on Friday. Wharf has a 52 week low of $4.51 and a 52 week high of $7.22. The company’s 50-day moving average price is $5.19 and its two-hundred day moving average price is $5.73.

Wharf Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Wednesday, August 28th were given a $0.0451 dividend. This is an increase from Wharf’s previous dividend of $0.04. The ex-dividend date was Wednesday, August 28th. Wharf’s dividend payout ratio (DPR) is 19.99%.

About Wharf

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.