CapitaLand China Trust (OTCMKTS:CLDHF) Sees Significant Drop in Short Interest
by Teresa Graham · The Cerbat GemCapitaLand China Trust (OTCMKTS:CLDHF – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 547,305 shares, a decline of 37.9% from the June 30th total of 881,005 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
CapitaLand China Trust Stock Performance
Shares of OTCMKTS:CLDHF opened at C$0.49 on Friday. CapitaLand China Trust has a 52-week low of C$0.49 and a 52-week high of C$0.49. The company has a fifty day moving average of C$0.49 and a 200-day moving average of C$0.56.
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.
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