Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF) Sees Significant Drop in Short Interest

Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 3,558,000 shares, a decline of 31.7% from the October 31st total of 5,208,900 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 808.6 days.

Wharf Real Estate Investment Price Performance

Shares of OTCMKTS:WRFRF opened at $2.89 on Friday. Wharf Real Estate Investment has a 1-year low of $2.53 and a 1-year high of $4.02. The business has a 50-day moving average price of $3.10 and a two-hundred day moving average price of $2.96.

About Wharf Real Estate Investment

Wharf Real Estate Investment Company Limited, an investment holding company, invests in, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. The company operates through four segments: Investment Properties, Development Properties, Hotel, and Investment segments.