CLPS Incorporation (NASDAQ:CLPS – Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 23,800 shares, an increase of 61.9% from the February 13th total of 14,700 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the shares of the company are sold short.
Hedge Funds Weigh In On CLPS Incorporation
An institutional investor recently raised its position in CLPS Incorporation stock. Renaissance Technologies LLC boosted its holdings in CLPS Incorporation (NASDAQ:CLPS – Free Report) by 186.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,269 shares of the company’s stock after purchasing an additional 24,237 shares during the quarter. Renaissance Technologies LLC owned approximately 0.13% of CLPS Incorporation worth $44,000 at the end of the most recent quarter. 0.24% of the stock is owned by institutional investors and hedge funds.
CLPS Incorporation Stock Performance
CLPS Incorporation stock traded up $0.04 during mid-day trading on Friday, reaching $1.22. The company’s stock had a trading volume of 4,898 shares, compared to its average volume of 22,210. The business has a 50 day moving average price of $1.23 and a 200-day moving average price of $1.24. CLPS Incorporation has a twelve month low of $0.68 and a twelve month high of $1.70.
CLPS Incorporation Company Profile
CLPS Incorporation provides information technology (IT), consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.
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