Free Trial

CLP Holdings Limited (OTCMKTS:CLPHY) Sees Significant Increase in Short Interest

CLP logo with Utilities background

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report) was the target of a significant increase in short interest in 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. Based on an average trading volume of 543,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are sold short.

CLP Price Performance

CLPHY stock traded up $0.15 during midday trading on Friday, hitting $8.50. 29,683 shares of the company's stock were exchanged, compared to its average volume of 154,216. The firm has a 50 day moving average price of $8.20 and a 200-day moving average price of $8.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56. CLP has a 12-month low of $7.65 and a 12-month high of $9.54.

CLP Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Monday, March 10th were given a $0.1621 dividend. This is a positive change from CLP's previous dividend of $0.07. The ex-dividend date was Monday, March 10th.

CLP Company Profile

(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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in CLP Right Now?

Before you consider CLP, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CLP wasn't on the list.

While CLP currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines