CLPS Incorporation (NASDAQ:CLPS) Short Interest Update

CLPS Incorporation (NASDAQ:CLPS) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 23,800 shares, an increase of 61.9% from the February 13th total of 14,700 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of CLPS Incorporation

An institutional investor recently raised its position in CLPS Incorporation stock. Renaissance Technologies LLC raised its stake in CLPS Incorporation (NASDAQ:CLPS) by 186.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 37,269 shares of the company’s stock after buying an additional 24,237 shares during the quarter. Renaissance Technologies LLC owned approximately 0.13% of CLPS Incorporation worth $44,000 as of its most recent SEC filing. 0.24% of the stock is currently owned by hedge funds and other institutional investors.

CLPS Incorporation Price Performance

Shares of NASDAQ:CLPS traded up $0.04 during trading on Friday, reaching $1.22. 4,898 shares of the company’s stock traded hands, compared to its average volume of 22,210. CLPS Incorporation has a 12 month low of $0.68 and a 12 month high of $1.70. The company has a 50 day moving average of $1.23 and a 200-day moving average of $1.24.

CLPS Incorporation Company Profile

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.