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

CLP Holdings Ltd. (OTCMKTS:CLPHY - Get Free Report) was the target of a large decrease in short interest during 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. Based on an average daily trading volume, of 148,072 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 148,072 shares, the days-to-cover ratio is currently 0.4 days.CLP Stock PerformanceCLP stock opened at $9.06 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 0.45. CLP has a 12-month low of $7.74 and a 12-month high of $9.33. The business's 50-day moving average price is $8.78 and its two-hundred day moving average price is $8.53. CLP Company Profile (Get Free Report)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.Further ReadingFive stocks we like better than CLPDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Do you know what Amazon is planning for January 1?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in CLP Right Now?Before you consider CLP, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CLP wasn't on the list.While CLP currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here