CLP Holdings Limited (OTCMKTS:CLPHY) Sees Large Increase in Short Interest

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 28,100 shares, a growth of 869.0% from the March 31st total of 2,900 shares. Based on an average daily trading volume, of 543,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold.

CLP Price Performance

Shares of OTCMKTS:CLPHY traded up $0.02 during mid-day trading on Thursday, reaching $8.50. The stock had a trading volume of 90,900 shares, compared to its average volume of 149,607. The firm has a 50 day simple moving average of $8.22 and a two-hundred day simple moving average of $8.30. CLP has a twelve month low of $7.65 and a twelve month high of $9.54. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.56 and a current ratio of 0.70.

CLP Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Monday, March 10th were issued a $0.1621 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from CLP's previous dividend of $0.07.

About CLP

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.