CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 44,800 shares, a growth of 1,766.7% from the December 31st total of 2,400 shares. Based on an average daily trading volume, of 206,000 shares, the days-to-cover ratio is currently 0.2 days.
CLP Stock Down 0.4 %
Shares of CLPHY stock traded down $0.03 on Thursday, hitting $8.20. 129,231 shares of the stock were exchanged, compared to its average volume of 155,516. The firm’s 50 day moving average is $8.28 and its two-hundred day moving average is $8.60. CLP has a one year low of $7.62 and a one year high of $9.54. The company has a quick ratio of 0.56, a current ratio of 0.70 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. Investors of record on Tuesday, December 3rd were paid a $0.073 dividend. This is a positive change from CLP’s previous dividend of $0.07. The ex-dividend date was Tuesday, December 3rd.
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.
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