CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 18,834 shares, a drop of 77.4% from the September 15th total of 83,283 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 131,392 shares, the short-interest ratio is currently 0.1 days.
CLP Stock Performance
CLP stock traded up $0.14 during midday trading on Friday, hitting $9.82. 68,704 shares of the stock were exchanged, compared to its average volume of 99,696. CLP has a 1 year low of $8.14 and a 1 year high of $10.44. The company has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $9.75.
About CLP
CLP Holdings Limited, traded in the United States under the symbol CLPHY, is an investor-owned utility headquartered in Hong Kong. Through its principal subsidiary, CLP Power Hong Kong, the company generates, transmits, distributes and supplies electricity to customers across Kowloon, the New Territories, Lantau and several outlying islands.
CLP Holdings operates an integrated power business that includes conventional and renewable generation, electricity transmission and distribution, retail supply, and energy-related services.
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