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

CLP Holdings Limited (OTCMKTS:CLPHY) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 59,200 shares, an increase of 48.4% from the January 31st total of 39,900 shares. Based on an average trading volume of 185,800 shares, the short-interest ratio is presently 0.3 days.

CLP Stock Up 0.9 %

OTCMKTS:CLPHY opened at $8.30 on Wednesday. CLP has a 52 week low of $7.62 and a 52 week high of $9.54. The company has a quick ratio of 0.56, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $8.23 and a 200-day moving average of $8.52.

CLP Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Monday, March 10th will be paid a $0.1621 dividend. This is a boost from CLP’s previous dividend of $0.07. The ex-dividend date is Monday, March 10th.

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.