CLP Holdings Limited (OTCMKTS:CLPHY) Sees Large Decrease in Short Interest

CLP Holdings Limited (OTCMKTS:CLPHY) saw a significant drop in short interest during the month of 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 daily trading volume, of 518,500 shares, the short-interest ratio is presently 0.0 days.

CLP Price Performance

OTCMKTS:CLPHY traded up $0.18 during mid-day trading on Friday, reaching $8.44. The company’s stock had a trading volume of 109,404 shares, compared to its average volume of 108,400. The firm’s fifty day moving average price is $8.32 and its two-hundred day moving average price is $8.59. 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 12-month low of $7.57 and a 12-month high of $9.54.

CLP Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.073 per share. The ex-dividend date was Tuesday, December 3rd. 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.