CLP Holdings Limited (OTCMKTS:CLPHY) Short Interest Up 331.5% in November

CLP Holdings Limited (OTCMKTS:CLPHY) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 131,600 shares, an increase of 331.5% from the November 15th total of 30,500 shares. Based on an average daily trading volume, of 173,900 shares, the short-interest ratio is currently 0.8 days.

CLP Stock Down 1.2 %

OTCMKTS CLPHY traded down $0.10 during midday trading on Wednesday, hitting $8.34. 832,963 shares of the company traded hands, compared to its average volume of 113,022. CLP has a 52 week low of $7.57 and a 52 week high of $9.54. The company’s 50-day simple moving average is $8.55 and its 200-day simple moving average is $8.61.

CLP Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd will be paid a $0.073 dividend. The ex-dividend date of this dividend is 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.