CapitaLand China Trust (OTCMKTS:CLDHF) Sees Large Decline in Short Interest

CapitaLand China Trust (OTCMKTS:CLDHF) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,214,305 shares, a decrease of 18.9% from the March 15th total of 3,962,931 shares. Based on an average daily volume of 95 shares, the days-to-cover ratio is presently 33,834.8 days.

CapitaLand China Trust Stock Performance

CapitaLand China Trust stock opened at C$0.60 on Thursday. CapitaLand China Trust has a 12 month low of C$0.50 and a 12 month high of C$0.63. The business has a 50 day simple moving average of C$0.60 and a 200-day simple moving average of C$0.61.

About CapitaLand China Trust

CapitaLand China Trust (OTCMKTS: CLDHF) is a real estate investment trust (REIT) that focuses on owning and managing income-producing commercial properties in the People’s Republic of China. Sponsored by CapitaLand Investment, one of Asia’s largest diversified real estate groups, the trust provides investors with access to a portfolio of office and retail assets located in major Chinese cities. Its diversified holdings span Beijing, Tianjin, Wuhan, Chongqing, Shenyang and Hefei, offering exposure to key economic hubs across the country.

The trust’s portfolio comprises well-located office towers and integrated retail malls, including flagship properties such as Fortune Plaza in Beijing and various mixed-use developments in fast-growing provincial capitals.