CLP Holdings Limited (OTCMKTS:CLPHY) Short Interest Down 73.0% in February

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 16,000 shares, a drop of 73.0% from the February 13th total of 59,200 shares. Based on an average daily trading volume, of 295,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

CLP Stock Performance

CLPHY opened at $8.08 on Thursday. The stock's 50 day moving average price is $8.22 and its two-hundred day moving average price is $8.49. The company has a quick ratio of 0.56, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. CLP has a 12-month low of $7.62 and a 12-month high of $9.54.

CLP Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Monday, March 10th will be issued a $0.1621 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from CLP's previous dividend of $0.07.

CLP Company Profile

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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