CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Update

CapitaLand India Trust (OTCMKTS:ACNDF) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 355,100 shares, a decrease of 35.8% from the May 31st total of 553,400 shares. Based on an average trading volume of 50,300 shares, the short-interest ratio is currently 7.1 days.

CapitaLand India Trust Price Performance

ACNDF opened at C$0.73 on Friday. The company’s 50 day simple moving average is C$0.76 and its 200 day simple moving average is C$0.78. CapitaLand India Trust has a 1 year low of C$0.72 and a 1 year high of C$0.88.

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.