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

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

CLP Stock Up 2.2 %

OTCMKTS CLPHY traded up $0.18 on Friday, hitting $8.44. 109,404 shares of the stock were exchanged, compared to its average volume of 228,037. CLP has a fifty-two week low of $7.57 and a fifty-two week high of $9.54. The company has a 50-day moving average price of $8.32 and a 200-day moving average price of $8.59. The company has a current ratio of 0.70, a quick ratio of 0.56 and a debt-to-equity ratio of 0.43.

CLP Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were issued a $0.073 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is an increase 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.