CLP Holdings Ltd. (OTCMKTS:CLPHY) Short Interest Update

CLP Holdings Ltd. (OTCMKTS:CLPHY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 136,942 shares, a growth of 90.1% from the April 15th total of 72,033 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 131,406 shares, the short-interest ratio is currently 1.0 days.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CLPHY. Zacks Research upgraded shares of CLP to a “hold” rating in a research note on Thursday, February 26th. Citigroup lowered shares of CLP from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, CLP has a consensus rating of “Hold”.

CLP Trading Down 0.4%

Shares of CLPHY opened at $9.74 on Tuesday. CLP has a 1 year low of $7.99 and a 1 year high of $10.22. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.59 and a quick ratio of 0.48. The firm has a fifty day moving average of $9.58 and a 200-day moving average of $9.32.

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.