CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 107,900 shares, a decline of 26.6% from the May 15th total of 147,000 shares. Based on an average trading volume of 118,100 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s stock are sold short.
CLP Price Performance
CLPHY stock opened at $8.26 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.48 and a current ratio of 0.60. CLP has a 52-week low of $7.65 and a 52-week high of $9.54. The stock’s 50 day moving average is $8.45 and its two-hundred day moving average is $8.29.
CLP Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, June 23rd. Investors of record on Wednesday, June 4th will be paid a $0.0726 dividend. The ex-dividend date is Tuesday, June 3rd. This represents a dividend yield of 4.35%.
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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