Short Interest in CLP Holdings Limited (OTCMKTS:CLPHY) Declines By 14.3%

CLP Holdings Limited (OTCMKTS:CLPHY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 2,400 shares, a decline of 14.3% from the December 31st total of 2,800 shares. Based on an average daily trading volume, of 518,500 shares, the short-interest ratio is presently 0.0 days.

CLP Stock Performance

Shares of CLP stock traded down $0.11 on Friday, hitting $8.20. The company’s stock had a trading volume of 59,768 shares, compared to its average volume of 141,757. CLP has a 52-week low of $7.62 and a 52-week high of $9.54. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56. The firm has a fifty day moving average price of $8.27 and a 200-day moving average price of $8.59.

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.