The Wharf (Holdings) Limited (OTCMKTS:WARFY) Sees Significant Growth in Short Interest

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 381 shares. Based on an average daily trading volume, of 438 shares, the short-interest ratio is presently 0.9 days.

Wharf Price Performance

Shares of OTCMKTS:WARFY opened at $5.01 on Monday. Wharf has a one year low of $4.21 and a one year high of $7.53. The firm’s 50 day simple moving average is $4.77 and its 200-day simple moving average is $5.45.

About Wharf

Wharf (Holdings) Limited is a Hong Kong-based investment holding company whose principal activities include property development, property investment and related real estate operations. The company has historically focused on commercial, residential and mixed-use projects, with interests spanning Hong Kong and mainland China.

Wharf has also been associated with hotel operations and other property-related businesses. Its property portfolio and development activities have included major urban projects, retail facilities, office buildings and residential developments, although parts of its former Hong Kong property investment portfolio have been held through separately listed entities.

The company traces its origins to the Hong Kong and Kowloon Wharf and Godown Company, established in 1886.