CLP Holdings Ltd. (OTCMKTS:CLPHY) Short Interest Update

CLP Holdings Ltd. (OTCMKTS:CLPHY) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 108,519 shares, a drop of 40.2% from the July 15th total of 181,519 shares. Based on an average daily trading volume, of 97,681 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.0% of the shares of the stock are short sold.

CLP Price Performance

CLP stock opened at $10.06 on Wednesday. The stock has a 50-day simple moving average of $9.74 and a 200 day simple moving average of $9.67. The company has a quick ratio of 0.48, a current ratio of 0.59 and a debt-to-equity ratio of 0.44. CLP has a 12-month low of $7.99 and a 12-month high of $10.40.

About CLP

CLP Holdings Limited (OTCMKTS: CLPHY) is an investor‑owned electric utility headquartered in Hong Kong. The company’s core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP’s generation portfolio is diversified across conventional and low‑carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development.

Founded in the early 20th century as China Light & Power, CLP has developed into one of the region’s long‑standing power companies and conducts operations and investments across the Asia‑Pacific region.