The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Down 42.4% in August

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the recipient of a large decrease in short interest in August. As of August 15th, there was short interest totaling 3,400 shares, adecreaseof42.4% from the July 31st total of 5,900 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 1.2 days.

Wharf Stock Performance

OTCMKTS:WARFY opened at $5.46 on Friday. Wharf has a twelve month low of $4.40 and a twelve month high of $6.56. The company has a 50-day moving average of $5.79 and a 200-day moving average of $5.32.

Wharf Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 1st will be issued a $0.0408 dividend. This represents a dividend yield of 145.0%. The ex-dividend date is Friday, August 29th. Wharf’s dividend payout ratio (DPR) is presently 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.