CLPS Incorporation (NASDAQ:CLPS) Short Interest Up 96.0% in February

CLPS Incorporation (NASDAQ:CLPS) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 14,700 shares, an increase of 96.0% from the January 31st total of 7,500 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 22,900 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of CLPS Incorporation

An institutional investor recently raised its position in CLPS Incorporation stock. Renaissance Technologies LLC increased its position in shares of CLPS Incorporation (NASDAQ:CLPS) by 186.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,269 shares of the company’s stock after purchasing an additional 24,237 shares during the period. Renaissance Technologies LLC owned 0.13% of CLPS Incorporation worth $44,000 at the end of the most recent quarter. 0.24% of the stock is currently owned by institutional investors.

CLPS Incorporation Stock Up 1.3 %

CLPS stock opened at $1.18 on Friday. The company has a 50-day simple moving average of $1.21 and a 200 day simple moving average of $1.22. CLPS Incorporation has a fifty-two week low of $0.68 and a fifty-two week high of $1.70.

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.