CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 163,200 shares, an increase of 90.7% from the March 31st total of 85,600 shares. Based on an average daily volume of 228,300 shares, the short-interest ratio is currently 0.7 days.
CLP Price Performance
CLPHY traded up $0.06 during trading on Friday, hitting $8.07. 63,246 shares of the company traded hands, compared to its average volume of 101,696. The stock’s fifty day moving average is $8.09 and its 200 day moving average is $7.91. CLP has a one year low of $7.03 and a one year high of $8.69.
CLP Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Monday, March 11th were given a dividend of $0.1446 per share. The ex-dividend date was Friday, March 8th. This is a positive change 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.
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