Uwharrie Capital Corp (OTCMKTS:UWHR) Short Interest Up 71.5% in May

Uwharrie Capital Corp (OTCMKTS:UWHRGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 717 shares, a growth of 71.5% from the April 30th total of 418 shares. Based on an average daily trading volume, of 4,223 shares, the days-to-cover ratio is presently 0.2 days.

Uwharrie Capital Trading Down 3.0%

UWHR stock opened at $11.16 on Wednesday. Uwharrie Capital has a 12-month low of $8.51 and a 12-month high of $11.70. The business’s fifty day moving average price is $11.04 and its 200 day moving average price is $10.79.

Uwharrie Capital Company Profile

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Uwharrie Capital Corporation (OTCMKTS: UWHR) is a natural‐resources holding company that invests in agricultural real estate, timberland and energy mineral interests. The company’s portfolio is structured to generate diversified cash flows through land leasing, timber harvesting and oil and gas royalty income. Incorporated in North Carolina, Uwharrie Capital aims to preserve capital while creating long‐term value for its shareholders.

The company’s agricultural segment consists of fee‐simple farmland holdings, which it leases to commercial farmers under cash‐rent arrangements.

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