CLP Holdings Limited (OTCMKTS:CLPHY) Sees Significant Increase in Short Interest

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 30,500 shares, an increase of 317.8% from the October 31st total of 7,300 shares. Based on an average daily volume of 159,100 shares, the short-interest ratio is presently 0.2 days.

CLP Price Performance

CLP stock traded up $0.05 during midday trading on Thursday, hitting $8.44. 65,952 shares of the stock were exchanged, compared to its average volume of 103,309. CLP has a fifty-two week low of $7.29 and a fifty-two week high of $9.54. The stock’s 50-day simple moving average is $8.68 and its 200 day simple moving average is $8.62.

CLP Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd will be paid a $0.073 dividend. This is an increase from CLP’s previous dividend of $0.07. The ex-dividend date of this dividend is Tuesday, December 3rd.

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.