CLPS Incorporation (NASDAQ:CLPS) Short Interest Up 59.6% in January

CLPS Incorporation (NASDAQ:CLPS) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 7,500 shares, a growth of 59.6% from the January 15th total of 4,700 shares. Based on an average daily trading volume, of 29,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CLPS Incorporation stock. Renaissance Technologies LLC raised its holdings in CLPS Incorporation (NASDAQ:CLPS) by 186.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,269 shares of the company’s stock after purchasing 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. Hedge funds and other institutional investors own 0.24% of the company’s stock.

CLPS Incorporation Trading Up 1.2 %

CLPS traded up $0.02 on Thursday, hitting $1.32. 6,835 shares of the company were exchanged, compared to its average volume of 18,467. The business’s fifty day moving average is $1.18 and its 200 day moving average is $1.18. CLPS Incorporation has a fifty-two week low of $0.68 and a fifty-two week 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.