CLPS Incorporation (NASDAQ:CLPS) Short Interest Update

CLPS Incorporation (NASDAQ:CLPS) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 19,400 shares, a decrease of 18.5% from the February 28th total of 23,800 shares. Based on an average daily volume of 17,700 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the company’s stock are short sold.

CLPS Incorporation Stock Down 1.3 %

Shares of CLPS traded down $0.02 during midday trading on Wednesday, reaching $1.17. 2,515 shares of the stock were exchanged, compared to its average volume of 16,132. The firm has a 50 day simple moving average of $1.23 and a 200-day simple moving average of $1.23. CLPS Incorporation has a 12-month low of $0.68 and a 12-month high of $1.70.

Institutional Trading of CLPS Incorporation

A hedge fund recently raised its stake in CLPS Incorporation stock. Renaissance Technologies LLC lifted its position in CLPS Incorporation (NASDAQ:CLPS) by 186.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,269 shares of the company’s stock after buying an additional 24,237 shares during the quarter. Renaissance Technologies LLC owned about 0.13% of CLPS Incorporation worth $44,000 as of its most recent filing with the Securities and Exchange Commission. 0.24% of the stock is owned by institutional investors.

About CLPS Incorporation

CLPS Incorporation provides information technology (IT), consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.