Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF) Sees Large Decrease in Short Interest

Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,217,100 shares, a decrease of 79.9% from the July 31st total of 6,049,700 shares. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is presently 91.5 days.

Wharf Real Estate Investment Price Performance

Shares of WRFRF stock remained flat at $2.70 during mid-day trading on Wednesday. The business’s fifty day moving average price is $2.65 and its 200-day moving average price is $3.07. Wharf Real Estate Investment has a 1-year low of $2.53 and a 1-year high of $3.97.

About Wharf Real Estate Investment

Wharf Real Estate Investment Company Limited, an investment holding company, invests in, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. The company operates through four segments: Investment Properties, Development Properties, Hotel, and Investment segments.