Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Expands By 869.0%

CLP Holdings Limited (OTCMKTS:CLPHY) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 28,100 shares, an increase of 869.0% from the March 31st total of 2,900 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 543,900 shares, the short-interest ratio is currently 0.1 days.

CLP Stock Performance

Shares of OTCMKTS CLPHY traded up $0.15 during mid-day trading on Monday, reaching $8.50. 29,683 shares of the company’s stock traded hands, compared to its average volume of 154,216. 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 business has a 50-day simple moving average of $8.20 and a 200 day simple moving average of $8.30. CLP has a 1-year low of $7.65 and a 1-year high of $9.54.

CLP Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Monday, March 10th were issued a dividend of $0.1621 per share. This is a positive change from CLP’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, March 10th.

About CLP

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.