The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Update

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a large decline in short interest in the month of 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 daily trading volume, of 5,300 shares, the short-interest ratio is presently 0.1 days.

Wharf Stock Performance

OTCMKTS WARFY opened at $5.49 on Friday. The stock’s 50-day moving average price is $5.19 and its two-hundred day moving average price is $5.72. Wharf has a 1 year low of $4.51 and a 1 year high of $7.22.

Wharf Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Wednesday, August 28th were issued a dividend of $0.0451 per share. The ex-dividend date of this dividend was Wednesday, August 28th. This is an increase from Wharf’s previous dividend of $0.04. Wharf’s payout ratio is presently 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.