CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Up 9.3% in January

CapitaLand India Trust (OTCMKTS:ACNDF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 411,100 shares, a growth of 9.3% from the December 31st total of 376,000 shares. Based on an average daily volume of 70,300 shares, the days-to-cover ratio is currently 5.8 days.

CapitaLand India Trust Stock Performance

OTCMKTS:ACNDF opened at C$0.75 on Tuesday. The firm has a fifty day simple moving average of C$0.77 and a two-hundred day simple 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.

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.