CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Update

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 299,300 shares, a growth of 10.6% from the July 15th total of 270,600 shares. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is currently 13.7 days.

CapitaLand India Trust Price Performance

Shares of OTCMKTS:ACNDF opened at C$0.83 on Monday. CapitaLand India Trust has a 1-year low of C$0.72 and a 1-year high of C$0.87. The business’s 50 day moving average is C$0.75 and its 200-day moving average is C$0.76.

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.