CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 16,000 shares, a decline of 73.0% from the February 13th total of 59,200 shares. Based on an average daily trading volume, of 295,600 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
CLP Price Performance
CLPHY opened at $8.19 on Friday. CLP has a 1-year low of $7.62 and a 1-year high of $9.54. The business has a 50 day moving average of $8.22 and a 200-day moving average of $8.48. 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 business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.1621 per share. This is an increase from CLP’s previous dividend of $0.07. The ex-dividend date is Monday, March 10th.
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.
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