Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Rises By 317.8%

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a large increase in short interest in 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 trading volume of 159,100 shares, the short-interest ratio is currently 0.2 days.

CLP Trading Up 0.4 %

Shares of CLPHY traded up $0.03 during mid-day trading on Wednesday, reaching $8.42. The company had a trading volume of 62,356 shares, compared to its average volume of 103,294. CLP has a twelve month low of $7.29 and a twelve month high of $9.54. The company’s 50-day moving average is $8.69 and its 200-day moving average is $8.62.

CLP Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.073 per share. 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.