Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Declines By 97.9%

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

CLP Stock Up 0.7 %

OTCMKTS:CLPHY traded up $0.06 during trading hours on Thursday, hitting $8.31. 140,982 shares of the company were exchanged, compared to its average volume of 120,971. CLP has a one year low of $7.57 and a one year high of $9.54. The company has a fifty day simple moving average of $8.44 and a 200 day simple moving average of $8.60.

CLP Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.073 per share. This is an increase from CLP’s previous dividend of $0.07. The ex-dividend date was Tuesday, December 3rd.

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.