Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Increases By 48.4%

CLP Holdings Limited (OTCMKTS:CLPHY) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 59,200 shares, an increase of 48.4% from the January 31st total of 39,900 shares. Based on an average daily volume of 185,800 shares, the short-interest ratio is currently 0.3 days.

CLP Price Performance

CLPHY stock traded up $0.05 during midday trading on Tuesday, hitting $8.23. The stock had a trading volume of 103,213 shares, compared to its average volume of 139,835. The company has a quick ratio of 0.56, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. The stock has a 50-day simple moving average of $8.23 and a 200 day simple moving average of $8.52. CLP has a 52 week low of $7.62 and a 52 week high of $9.54.

CLP Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Monday, March 10th will be paid a $0.1621 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from CLP’s previous dividend of $0.07.

About CLP

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.