CLP Holdings Limited (OTCMKTS:CLPHY) Short Interest Up 173.1% in July

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 418,900 shares, a growth of 173.1% from the July 15th total of 153,400 shares. Based on an average daily trading volume, of 265,100 shares, the days-to-cover ratio is presently 1.6 days.

CLP Stock Performance

CLPHY stock traded up $0.05 during midday trading on Thursday, reaching $9.10. 38,254 shares of the company’s stock traded hands, compared to its average volume of 112,752. CLP has a 52 week low of $7.03 and a 52 week high of $9.21. The firm’s fifty day moving average price is $8.44 and its 200-day moving average price is $8.27.

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.