CLPS Incorporation (NASDAQ:CLPS) Sees Significant Drop in Short Interest

CLPS Incorporation (NASDAQ:CLPS) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 6,300 shares, a drop of 51.9% from the December 31st total of 13,100 shares. Based on an average daily volume of 36,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

CLPS Incorporation Stock Performance

Shares of NASDAQ CLPS traded down $0.02 during midday trading on Wednesday, hitting $1.23. 1,566 shares of the company’s stock were exchanged, compared to its average volume of 21,252. CLPS Incorporation has a twelve month low of $0.68 and a twelve month high of $1.70. The stock’s 50 day moving average price is $1.14 and its 200-day moving average price is $1.15.

CLPS Incorporation Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, November 4th. This is a positive change from CLPS Incorporation’s previous dividend of $0.10.

About CLPS Incorporation

CLPS Incorporation provides information technology (IT), consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.