CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Down 59.6% in October

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 107,300 shares, a decrease of 59.6% from the October 15th total of 265,800 shares. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is currently 4.1 days.

CapitaLand India Trust Trading Down 4.6 %

Shares of CapitaLand India Trust stock opened at C$0.75 on Wednesday. The business’s 50-day moving average price is C$0.85 and its 200-day moving average price is C$0.80. CapitaLand India Trust has a 12 month low of C$0.72 and a 12 month high of C$0.89.

CapitaLand India Trust Company Profile

CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion.