CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Down 39.0% in December

CapitaLand India Trust (OTCMKTS:ACNDF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 376,000 shares, a drop of 39.0% from the November 30th total of 616,300 shares. Based on an average daily volume of 93,800 shares, the days-to-cover ratio is presently 4.0 days.

CapitaLand India Trust Price Performance

Shares of CapitaLand India Trust stock opened at C$0.77 on Friday. CapitaLand India Trust has a 52-week low of C$0.72 and a 52-week high of C$0.89. The company has a 50-day simple moving average of C$0.79 and a two-hundred day simple moving average of C$0.80.

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.