CapitaLand India Trust (OTCMKTS:ACNDF) Sees Significant Growth in Short Interest

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 616,300 shares, a growth of 28.4% from the November 15th total of 480,100 shares. Based on an average daily trading volume, of 11,600 shares, the days-to-cover ratio is presently 53.1 days.

CapitaLand India Trust Trading Up 1.6 %

ACNDF opened at C$0.79 on Friday. The stock has a 50-day moving average of C$0.81 and a 200 day 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.

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.