CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Down 59.6% in October

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 107,300 shares, a decline of 59.6% from the October 15th total of 265,800 shares. Based on an average trading volume of 25,900 shares, the short-interest ratio is currently 4.1 days.

CapitaLand India Trust Stock Down 4.6 %

CapitaLand India Trust stock opened at C$0.75 on Wednesday. The stock’s 50 day moving average is C$0.85 and its 200 day moving average is C$0.80. CapitaLand India Trust has a one year low of C$0.72 and a one year high of C$0.89.

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.