CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Up 9.3% in December

CapitaLand India Trust (OTCMKTS:ACNDF) was the target of a large growth in short interest in 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 daily volume of 70,300 shares, the days-to-cover ratio is presently 5.8 days.

CapitaLand India Trust Trading Down 0.1 %

Shares of ACNDF opened at C$0.74 on Monday. The company has a 50-day simple moving average of C$0.78 and a 200-day simple moving average of C$0.80. CapitaLand India Trust has a 52-week low of C$0.72 and a 52-week 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.