The Wharf (Holdings) Limited (OTCMKTS:WARFY) Short Interest Update

The Wharf (Holdings) Limited (OTCMKTS:WARFY) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,451 shares, a decline of 34.3% from the March 15th total of 2,209 shares. Based on an average daily trading volume, of 677 shares, the days-to-cover ratio is presently 2.1 days.

Wharf Stock Down 0.7%

OTCMKTS WARFY opened at $5.50 on Tuesday. The firm’s fifty day moving average price is $6.10 and its 200 day moving average price is $5.88. Wharf has a 12 month low of $4.48 and a 12 month high of $6.86.

Wharf Company Profile

Founded in 1886 and headquartered in Hong Kong, Wharf (OTCMKTS: WARFY) is a diversified conglomerate with core operations in property development and information communications. The company’s property division develops, leases and manages landmark commercial and retail complexes, including Harbour City in Tsim Sha Tsui and Times Square in Causeway Bay. Through these flagship assets and other holdings across Mainland China, Wharf aims to generate stable rental income and long-term capital appreciation.

Wharf’s communications arm comprises i-Cable Communications, which offers broadband, pay-TV and mobile services, and Wharf New T&T, a provider of data, internet and carrier solutions for enterprise and consumer markets.