Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Declines By 97.9%

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,800 shares, a drop of 97.9% from the November 30th total of 131,600 shares. Based on an average trading volume of 476,400 shares, the short-interest ratio is currently 0.0 days.

CLP Stock Performance

Shares of OTCMKTS:CLPHY traded up $0.06 during midday trading on Thursday, reaching $8.31. 140,982 shares of the company traded hands, compared to its average volume of 120,971. CLP has a 12 month low of $7.57 and a 12 month high of $9.54. The firm’s fifty day moving average price is $8.44 and its two-hundred day moving average price is $8.60.

CLP Increases Dividend

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

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.