CLP Holdings Ltd. (OTCMKTS:CLPHY - Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 107,900 shares, a decrease of 26.6% from the May 15th total of 147,000 shares. Based on an average trading volume of 118,100 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.
CLP Stock Up 0.4%
Shares of OTCMKTS CLPHY opened at $8.38 on Wednesday. The firm's fifty day moving average is $8.44 and its two-hundred day moving average is $8.29. CLP has a 52-week low of $7.65 and a 52-week high of $9.54. The company has a current ratio of 0.60, a quick ratio of 0.48 and a debt-to-equity ratio of 0.45.
CLP Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, June 23rd. Investors of record on Wednesday, June 4th will be given a $0.0726 dividend. The ex-dividend date is Tuesday, June 3rd. This represents a dividend yield of 4.35%.
About CLP
(
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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.
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