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

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

Wharf Price Performance

Shares of OTCMKTS WARFY opened at $4.73 on Friday. Wharf has a 52-week low of $4.40 and a 52-week high of $6.98. The business has a 50-day moving average price of $4.83 and a 200 day moving average price of $5.19.

Wharf Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Monday, April 7th will be given a dividend of $0.0515 per share. 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 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.