CapitaLand India Trust (OTCMKTS:ACNDF) Sees Large Increase in Short Interest

CapitaLand India Trust (OTCMKTS:ACNDF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 411,100 shares, a growth of 9.3% from the December 15th total of 376,000 shares. Based on an average trading volume of 70,300 shares, the short-interest ratio is currently 5.8 days.

CapitaLand India Trust Price Performance

Shares of ACNDF stock opened at C$0.74 on Friday. CapitaLand India Trust has a 1 year low of C$0.72 and a 1 year high of C$0.89. The firm has a fifty day moving average price of C$0.78 and a 200-day moving average price of C$0.80.

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.