CLPS Inc (NASDAQ:CLPS) Short Interest Update
CLPS Inc (NASDAQ:CLPS) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 43,400 shares, a decrease of 15.2% from the June 30th total of 51,200 shares. Based on an average daily trading volume, of 14,600 shares, the short-interest ratio is currently 3.0 days. Currently, 1.2% of the company’s stock are short sold.
CLPS stock traded up $0.01 during mid-day trading on Wednesday, reaching $5.27. 2,300 shares of the company were exchanged, compared to its average volume of 52,717. The firm’s fifty day moving average is $5.50. CLPS has a 12-month low of $2.12 and a 12-month high of $17.99.
Separately, ValuEngine upgraded CLPS from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.
CLPS Company Profile
CLPS Incorporation provides information technology and consulting services to banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.
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