CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Update

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 901,500 shares, an increase of 83.4% from the January 15th total of 491,500 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is presently 204.9 days.

CapitaLand India Trust Stock Performance

ACNDF opened at C$0.77 on Friday. CapitaLand India Trust has a 12 month low of C$0.72 and a 12 month high of C$0.89. The stock’s 50 day moving average price is C$0.77 and its 200 day moving average price is C$0.80.

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.