Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Decreases By 14.3%

CLP Holdings Limited (OTCMKTS:CLPHY) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,400 shares, a decline of 14.3% from the December 15th total of 2,800 shares. Based on an average daily trading volume, of 518,500 shares, the days-to-cover ratio is currently 0.0 days.

CLP Price Performance

CLPHY traded up $0.18 on Friday, hitting $8.44. The company’s stock had a trading volume of 109,404 shares, compared to its average volume of 228,037. The company’s 50 day simple moving average is $8.32 and its 200-day simple moving average is $8.59. The company has a quick ratio of 0.56, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. CLP has a 12 month low of $7.57 and a 12 month high of $9.54.

CLP Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were given a $0.073 dividend. This is a positive change from CLP’s previous dividend of $0.07. The ex-dividend date of this dividend was 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.