CLPS Incorporation (NASDAQ:CLPS) Sees Significant Decrease in Short Interest

CLPS Incorporation (NASDAQ:CLPS) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,900 shares, adropof78.5% from the July 15th total of 27,400 shares. Approximately0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is presently 0.6 days. Approximately0.1% of the company’s stock are sold short.

Institutional Trading of CLPS Incorporation

An institutional investor recently raised its position in CLPS Incorporation stock. Renaissance Technologies LLC increased its position in CLPS Incorporation (NASDAQ:CLPS) by 186.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,269 shares of the company’s stock after buying an additional 24,237 shares during the period. Renaissance Technologies LLC owned 0.13% of CLPS Incorporation worth $44,000 at the end of the most recent reporting period. Institutional investors own 0.24% of the company’s stock.

CLPS Incorporation Stock Performance

Shares of CLPS opened at $0.92 on Friday. The stock has a 50-day moving average of $0.95 and a 200-day moving average of $1.06. CLPS Incorporation has a one year low of $0.74 and a one year high of $1.70.

CLPS Incorporation Company Profile

CLPS Incorporation provides information technology (IT), consulting, and solutions to institutions operating in 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.