CLP Holdings Limited (OTCMKTS:CLPHY) Sees Significant Decrease in Short Interest

CLP Holdings Limited (OTCMKTS:CLPHY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,800 shares, a drop of 97.9% from the November 30th total of 131,600 shares. Based on an average daily volume of 476,400 shares, the days-to-cover ratio is currently 0.0 days.

CLP Price Performance

Shares of OTCMKTS:CLPHY traded up $0.02 during midday trading on Friday, reaching $8.27. The company’s stock had a trading volume of 867,104 shares, compared to its average volume of 123,955. The business has a 50 day moving average price of $8.43 and a 200 day moving average price of $8.60. CLP has a 1 year low of $7.57 and a 1 year high of $9.54.

CLP Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were paid a dividend of $0.073 per share. The ex-dividend date was Tuesday, December 3rd. This is an increase from CLP’s previous dividend of $0.07.

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.