Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Rises By 1,766.7%

CLP Holdings Limited (OTCMKTS:CLPHY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 44,800 shares, an increase of 1,766.7% from the December 31st total of 2,400 shares. Based on an average daily volume of 206,000 shares, the short-interest ratio is presently 0.2 days.

CLP Stock Performance

CLPHY stock traded down $0.03 during midday trading on Thursday, reaching $8.20. The company had a trading volume of 129,231 shares, compared to its average volume of 155,516. The firm has a 50-day moving average price of $8.28 and a 200-day moving average price of $8.60. CLP has a 1 year low of $7.62 and a 1 year high of $9.54. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56.

CLP Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 3rd were given a $0.073 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a positive change from CLP’s previous dividend of $0.07.

CLP Company Profile

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.