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 Price Performance
Shares of OTCMKTS CLPHY traded up $0.04 during midday trading on Friday, reaching $8.65. 125,055 shares of the company's stock traded hands, compared to its average volume of 96,930. CLP has a one year low of $7.08 and a one year high of $9.54. The stock's 50 day simple moving average is $8.89 and its 200-day simple moving average is $8.53.
CLP Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, September 20th. Investors of record on Wednesday, September 4th were given a dividend of $0.0729 per share. This represents a dividend yield of 4%. The ex-dividend date was Tuesday, September 3rd. This is an increase from CLP's previous dividend of $0.07.
About CLP
(
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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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