CLP Holdings Limited (OTCMKTS:CLPHY) Short Interest Down 88.1% in March

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, a decrease of 88.1% from the February 28th total of 16,000 shares. Based on an average daily volume of 320,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

CLP Stock Up 1.9 %

Shares of CLPHY traded up $0.15 on Thursday, reaching $8.20. The company’s stock had a trading volume of 107,380 shares, compared to its average volume of 141,723. The stock’s 50 day simple moving average is $8.22 and its two-hundred day simple moving average is $8.43. 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 has a 12-month low of $7.62 and a 12-month high of $9.54.

CLP Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Monday, March 10th will be paid a $0.1621 dividend. This is a positive change 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.