CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 90,116 shares, a growth of 138.6% from the September 30th total of 37,764 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 26,784 shares, the short-interest ratio is currently 3.4 days.
CapitaLand India Trust Stock Performance
OTCMKTS ACNDF opened at C$0.68 on Friday. CapitaLand India Trust has a fifty-two week low of C$0.63 and a fifty-two week high of C$1.24. The stock’s 50-day moving average is C$0.72 and its two-hundred day moving average is C$0.82.
CapitaLand India Trust Company Profile
CapitaLand India Trust, formerly known as Ascendas India Trust, is a Singapore-listed business trust focused on owning and operating income-producing commercial properties in India. The trust is sponsored by CapitaLand Investment and invests primarily in technology parks, business parks and office assets serving multinational companies, technology firms and other corporate tenants.
Its portfolio has historically been concentrated in major Indian technology and business hubs, including Bengaluru, Chennai, Hyderabad and Pune.
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