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

CLP Holdings Ltd. (OTCMKTS:CLPHY) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 181,519 shares, an increase of 85.2% from the June 30th total of 98,012 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 171,817 shares, the days-to-cover ratio is currently 1.1 days.

CLP Trading Down 0.2%

OTCMKTS CLPHY traded down $0.02 during trading on Friday, reaching $9.98. The company’s stock had a trading volume of 10,945 shares, compared to its average volume of 76,613. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.59 and a quick ratio of 0.48. CLP has a 1-year low of $7.99 and a 1-year high of $10.35. The business has a 50-day moving average price of $9.65 and a 200-day moving average price of $9.61.

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.