Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF) Sees Large Growth in Short Interest

Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,402,300 shares, an increase of 26.6% from the March 15th total of 2,687,800 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is currently 409.9 days.

Wharf Real Estate Investment Price Performance

OTCMKTS:WRFRF opened at $2.24 on Tuesday. The stock has a 50 day moving average of $2.55 and a 200-day moving average of $2.63. Wharf Real Estate Investment has a 52 week low of $2.18 and a 52 week high of $4.02.

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.