CLP Holdings Ltd. (OTCMKTS:CLPHY) Sees Significant Growth in Short Interest

CLP Holdings Ltd. (OTCMKTS:CLPHY) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 181,519 shares, a growth of 85.2% from the June 30th total of 98,012 shares. Based on an average trading volume of 171,817 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the company’s stock are sold short.

CLP Price Performance

Shares of OTCMKTS CLPHY opened at $10.01 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.48 and a debt-to-equity ratio of 0.44. CLP has a 12-month low of $7.99 and a 12-month high of $10.35. The business’s fifty day simple moving average is $9.66 and its 200-day simple moving average is $9.62.

CLP Company Profile

CLP Holdings Limited (OTCMKTS: CLPHY) is an investor?owned electric utility headquartered in Hong Kong. The company’s core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP’s generation portfolio is diversified across conventional and low?carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development.

Founded in the early 20th century as China Light & Power, CLP has developed into one of the region’s long?standing power companies and conducts operations and investments across the Asia?Pacific region.