CLP Holdings Limited (OTCMKTS:CLPHY) Sees Large Growth in Short Interest

CLP Holdings Limited (OTCMKTS:CLPHY) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,900 shares, an increase of 52.6% from the March 15th total of 1,900 shares. Based on an average daily volume of 187,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

CLP Trading Up 1.6 %

CLPHY stock traded up $0.13 during mid-day trading on Thursday, reaching $8.35. The company had a trading volume of 61,046 shares, compared to its average volume of 162,119. The firm has a 50 day moving average of $8.17 and a 200 day moving average of $8.32. 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 has a 12 month low of $7.62 and a 12 month high of $9.54.

CLP Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Monday, March 10th were given a dividend of $0.1621 per share. This is an increase from CLP’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, March 10th.

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.