CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 30,800 shares, a decline of 8.3% from the September 15th total of 33,600 shares. Based on an average daily volume of 79,300 shares, the short-interest ratio is presently 0.4 days.
CLP Price Performance
OTCMKTS:CLPHY opened at $8.63 on Thursday. The business’s fifty day moving average price is $8.95 and its 200 day moving average price is $8.50. CLP has a 12 month low of $7.08 and a 12 month high of $9.54.
CLP Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, September 20th. Stockholders of record on Wednesday, September 4th were given a dividend of $0.0729 per share. This represents a dividend yield of 4%. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from CLP’s previous dividend of $0.07.
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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