CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) was the target of a large decline in short interest during the month of 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
CLPHY opened at $8.58 on Friday. The business has a 50 day moving average of $8.94 and a 200-day moving average of $8.50. CLP has a 1-year low of $7.08 and a 1-year high of $9.54.
CLP Increases Dividend
The company also recently announced a dividend, which was paid on Friday, September 20th. Stockholders of record on Wednesday, September 4th were paid a $0.0729 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a dividend yield of 4%. This is a boost 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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