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

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,800 shares, a drop of 97.9% from the November 30th total of 131,600 shares. Based on an average daily trading volume, of 476,400 shares, the days-to-cover ratio is presently 0.0 days.

CLP Stock Up 0.7 %

CLPHY stock traded up $0.06 on Thursday, hitting $8.31. The company's stock had a trading volume of 140,982 shares, compared to its average volume of 120,971. CLP has a 1 year low of $7.57 and a 1 year high of $9.54. The firm has a 50 day moving average of $8.43 and a two-hundred day moving average of $8.60.

CLP Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were paid a dividend of $0.073 per share. This is a positive change from CLP's previous dividend of $0.07. The ex-dividend date was Tuesday, December 3rd.

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.