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

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the target of a significant 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 trading volume of 7,000 shares, the short-interest ratio is presently 1.8 days.

Wharf Stock Up 1.7 %

Wharf stock opened at $4.68 on Thursday. The stock’s fifty day simple moving average is $4.84 and its 200-day simple moving average is $5.19. Wharf has a twelve month low of $4.40 and a twelve month high of $6.98.

Wharf Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Monday, April 7th will be given a $0.0515 dividend. The ex-dividend date is Monday, April 7th. This is a positive change from Wharf’s previous dividend of $0.05. Wharf’s dividend payout ratio (DPR) is currently 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.