CLP Holdings Limited (OTCMKTS:CLPHY) Short Interest Update

by · The Cerbat Gem

CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 57,600 shares, a growth of 87.0% from the September 30th total of 30,800 shares. Based on an average trading volume of 93,100 shares, the days-to-cover ratio is currently 0.6 days.

CLP Stock Up 0.3 %

Shares of CLPHY stock traded up $0.03 during mid-day trading on Monday, hitting $8.68. 52,085 shares of the stock traded hands, compared to its average volume of 96,714. CLP has a twelve month low of $7.08 and a twelve month high of $9.54. The company’s 50-day simple moving average is $8.89 and its 200-day simple moving average is $8.54.

CLP Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 20th. Shareholders of record on Wednesday, September 4th were issued a $0.0729 dividend. This represents a yield of 4%. This is an increase from CLP’s previous dividend of $0.07. The ex-dividend date of this dividend was Tuesday, September 3rd.

About CLP

(Get Free Report)

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.

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