The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Up 366.7% in April

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,800 shares, an increase of 366.7% from the March 31st total of 600 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is presently 0.3 days.

Wharf Stock Performance

Wharf stock opened at $4.85 on Tuesday. Wharf has a 1-year low of $4.40 and a 1-year high of $6.98. The stock’s 50 day moving average price is $4.81 and its 200 day moving average price is $5.13.

Wharf Increases Dividend

The company also recently announced 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. This is an increase from Wharf’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, April 7th. Wharf’s 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.