CLP Holdings Limited (OTCMKTS:CLPHY) Short Interest Up 136.9% in May

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 170,100 shares, an increase of 136.9% from the May 15th total of 71,800 shares. Based on an average daily volume of 74,400 shares, the short-interest ratio is presently 2.3 days.

CLP Trading Up 1.0 %

OTCMKTS CLPHY traded up $0.08 on Thursday, hitting $8.48. 358,532 shares of the stock were exchanged, compared to its average volume of 80,168. CLP has a 52-week low of $7.03 and a 52-week high of $8.83. The company’s 50-day moving average price is $8.18 and its two-hundred day moving average price is $8.11.

CLP Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.0726 per share. The ex-dividend date of this dividend is Monday, June 3rd.

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.