Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Increases By 87.0%

by · The Markets Daily

CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 57,600 shares, an increase 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 presently 0.6 days.

CLP Stock Performance

Shares of CLPHY traded up $0.04 during midday trading on Friday, hitting $8.65. 125,055 shares of the stock traded hands, compared to its average volume of 96,930. The business’s 50 day moving average price is $8.89 and its two-hundred day moving average price is $8.53. CLP has a 1-year low of $7.08 and a 1-year high of $9.54.

CLP Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 20th. Stockholders of record on Wednesday, September 4th were paid a $0.0729 dividend. This is a positive change from CLP’s previous dividend of $0.07. This represents a dividend yield of 4%. The ex-dividend date 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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