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

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

CapitaLand India Trust Stock Performance

Shares of OTCMKTS ACNDF opened at C$0.77 on Friday. CapitaLand India Trust has a fifty-two week low of C$0.72 and a fifty-two week high of C$0.89. The business has a 50 day moving average price of C$0.79 and a two-hundred day moving average price of 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.