CLPS Incorporation (NASDAQ:CLPS) Sees Significant Decrease in Short Interest

CLPS Incorporation (NASDAQ:CLPS) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 7,900 shares, a decline of 55.9% from the October 31st total of 17,900 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 39,200 shares, the short-interest ratio is presently 0.2 days.

CLPS Incorporation Price Performance

CLPS stock traded up $0.01 on Thursday, reaching $1.11. The company had a trading volume of 39,925 shares, compared to its average volume of 20,742. The company’s fifty day moving average is $1.30 and its 200 day moving average is $1.08. CLPS Incorporation has a 1 year low of $0.68 and a 1 year high of $1.70.

CLPS Incorporation Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were given a $0.13 dividend. This is an increase from CLPS Incorporation’s previous dividend of $0.10. The ex-dividend date was Monday, November 4th.

CLPS Incorporation Company Profile

CLPS Incorporation provides information technology (IT), consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.