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

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 500 shares, a decline of 75.0% from the September 30th total of 2,000 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 0.1 days.

Wharf Price Performance

WARFY stock traded down $0.02 during trading on Friday, reaching $5.49. 396 shares of the stock were exchanged, compared to its average volume of 1,347. The business has a 50 day moving average price of $5.18 and a 200-day moving average price of $5.73. Wharf has a 1 year low of $4.51 and a 1 year high of $7.22.

Wharf Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, August 28th were issued a $0.0451 dividend. The ex-dividend date was Wednesday, August 28th. This is a boost from Wharf’s previous dividend of $0.04. Wharf’s dividend payout ratio is currently 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.