CLPS Incorporation (NASDAQ:CLPS) Short Interest Update

CLPS Incorporation (NASDAQ:CLPS) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 19,400 shares, a decrease of 18.5% from the February 28th total of 23,800 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On CLPS Incorporation

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

CLPS Incorporation Price Performance

CLPS Incorporation stock traded down $0.02 during mid-day trading on Wednesday, reaching $1.17. The company had a trading volume of 2,515 shares, compared to its average volume of 16,132. The company has a 50 day moving average of $1.23 and a 200-day moving average of $1.23. CLPS Incorporation has a 52 week low of $0.68 and a 52 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.