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

The Wharf (Holdings) Limited (OTCMKTS:WARFY) saw a large growth in short interest in 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 trading volume of 7,000 shares, the days-to-cover ratio is currently 1.8 days.

Wharf Trading Up 1.1 %

Shares of WARFY stock opened at $4.73 on Friday. The business’s 50 day moving average is $4.83 and its two-hundred day moving average is $5.19. Wharf has a twelve month low of $4.40 and a twelve month high of $6.98.

Wharf Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Shareholders of record on Monday, April 7th will be given a dividend of $0.0515 per share. The ex-dividend date of this dividend is Monday, April 7th. This is an increase from Wharf’s previous dividend of $0.05. Wharf’s dividend payout ratio is presently 19.99%.

Wharf Company Profile

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.