The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Down 75.0% in October

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 500 shares, a drop 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 currently 0.1 days.

Wharf Stock Performance

Shares of OTCMKTS WARFY traded down $0.02 during mid-day trading on Friday, reaching $5.49. The company’s stock had a trading volume of 396 shares, compared to its average volume of 1,347. Wharf has a 52 week low of $4.51 and a 52 week high of $7.22. The stock has a fifty day moving average of $5.18 and a two-hundred day moving average of $5.73.

Wharf Increases Dividend

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