The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Down 78.9% in June

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 62 shares, a decline of 78.9% from the June 15th total of 294 shares. Based on an average daily volume of 3,038 shares, the short-interest ratio is presently 0.0 days.

Wharf Price Performance

Wharf stock traded up $0.39 during mid-day trading on Friday, reaching $4.69. 813 shares of the company’s stock were exchanged, compared to its average volume of 1,813. Wharf has a twelve month low of $4.24 and a twelve month high of $7.53. The company has a fifty day moving average of $5.60 and a 200-day moving average of $5.85.

Wharf Company Profile

Founded in 1886 and headquartered in Hong Kong, Wharf (OTCMKTS: WARFY) is a diversified conglomerate with core operations in property development and information communications. The company’s property division develops, leases and manages landmark commercial and retail complexes, including Harbour City in Tsim Sha Tsui and Times Square in Causeway Bay. Through these flagship assets and other holdings across Mainland China, Wharf aims to generate stable rental income and long-term capital appreciation.

Wharf’s communications arm comprises i-Cable Communications, which offers broadband, pay-TV and mobile services, and Wharf New T&T, a provider of data, internet and carrier solutions for enterprise and consumer markets.