CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Up 347.4% in November

CapitaLand India Trust (OTCMKTS:ACNDF) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 480,100 shares, an increase of 347.4% from the October 31st total of 107,300 shares. Based on an average daily trading volume, of 58,500 shares, the short-interest ratio is currently 8.2 days.

CapitaLand India Trust Stock Performance

Shares of OTCMKTS ACNDF opened at C$0.77 on Thursday. The stock has a 50 day simple moving average of C$0.83 and a 200-day simple moving average of C$0.80. CapitaLand India Trust has a 12-month low of C$0.72 and a 12-month high of C$0.89.

About CapitaLand India Trust

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.