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

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,900 shares, an increase of 52.6% from the March 15th total of 1,900 shares. Based on an average trading volume of 187,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

CLP Stock Down 0.2 %

OTCMKTS CLPHY traded down $0.02 on Tuesday, reaching $8.34. 64,170 shares of the stock were exchanged, compared to its average volume of 159,433. CLP has a one year low of $7.65 and a one year high of $9.54. The company's 50-day simple moving average is $8.18 and its two-hundred day simple moving average is $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 Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Monday, March 10th were issued a $0.1621 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from CLP's previous dividend of $0.07.

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.