CLP Holdings Ltd. (OTCMKTS:CLPHY) Sees Large Decline in Short Interest

CLP Holdings Ltd. (OTCMKTS:CLPHY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 60,592 shares, a decrease of 49.1% from the November 30th total of 119,089 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 148,072 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 148,072 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

CLP Price Performance

Shares of CLPHY opened at $9.06 on Friday. The stock’s 50-day moving average price is $8.78 and its two-hundred day moving average price is $8.53. CLP has a 12 month low of $7.74 and a 12 month high of $9.33. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 0.45.

CLP Company Profile

CLP Holdings Limited (OTCMKTS: CLPHY) is an investor‑owned electric utility headquartered in Hong Kong. The company’s core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP’s generation portfolio is diversified across conventional and low‑carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development.

Founded in the early 20th century as China Light & Power, CLP has developed into one of the region’s long‑standing power companies and conducts operations and investments across the Asia‑Pacific region.