The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Up 27.0% in May

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 8,000 shares, an increase of 27.0% from the April 30th total of 6,300 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 2.5 days.

Wharf Trading Up 5.9%

Shares of WARFY opened at $5.66 on Thursday. The business’s 50-day moving average price is $4.96 and its 200-day moving average price is $5.04. Wharf has a twelve month low of $4.40 and a twelve month high of $6.22.

Wharf Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 9th. Investors of record on Monday, April 7th were given a $0.0515 dividend. This is a boost from Wharf’s previous dividend of $0.05. The ex-dividend date was Monday, April 7th. 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.