The Wharf (Holdings) Limited (OTCMKTS:WARFY) Sees Large Decline in Short Interest

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the December 31st total of 200 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is presently 0.0 days.

Wharf Stock Performance

WARFY traded down $0.14 during trading on Wednesday, hitting $4.60. 1,675 shares of the company traded hands, compared to its average volume of 738. Wharf has a 1 year low of $4.51 and a 1 year high of $7.22. The stock’s 50-day simple moving average is $5.35 and its two-hundred day simple moving average is $5.39.

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.