CLP Holdings Limited (OTCMKTS:CLPHY) Sees Significant Drop in Short Interest

CLP Holdings Limited (OTCMKTS:CLPHY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,900 shares, a drop of 88.1% from the February 28th total of 16,000 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 320,800 shares, the short-interest ratio is presently 0.0 days.

CLP Stock Up 1.9 %

Shares of CLPHY stock traded up $0.15 on Friday, hitting $8.20. The stock had a trading volume of 107,380 shares, compared to its average volume of 141,726. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56. CLP has a twelve month low of $7.62 and a twelve month high of $9.54. The company has a fifty day moving average price of $8.22 and a two-hundred day moving average price of $8.43.

CLP Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Monday, March 10th were given a dividend of $0.1621 per share. The ex-dividend date was Monday, March 10th. This is a positive change 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.