CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Down 67.7% in September

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 85,900 shares, a drop of 67.7% from the August 31st total of 265,800 shares. Based on an average daily trading volume, of 32,100 shares, the short-interest ratio is presently 2.7 days.

CapitaLand India Trust Stock Down 2.1 %

Shares of OTCMKTS ACNDF traded down C$0.02 during midday trading on Wednesday, hitting C$0.84. The stock had a trading volume of 4,116 shares, compared to its average volume of 18,560. CapitaLand India Trust has a fifty-two week low of C$0.72 and a fifty-two week high of C$0.87. The company’s 50-day simple moving average is C$0.81 and its 200 day simple moving average is C$0.77.

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.