CapitaLand India Trust (OTCMKTS:ACNDF) Stock Short Interest Declines 90.1%

CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 37,764 shares, a decline of 90.1% from the September 15th total of 381,600 shares. Based on an average daily volume of 118,587 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

CapitaLand India Trust Stock Performance

Shares of OTCMKTS:ACNDF opened at C$0.71 on Monday. CapitaLand India Trust has a 1 year low of C$0.68 and a 1 year high of C$1.24. The firm has a fifty day moving average price of C$0.76 and a 200 day moving average price of C$0.79.

CapitaLand India Trust Company Profile

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CapitaLand India Trust (OTCMKTS:ACNDF) is a Singapore-listed business trust focused on owning and managing income-producing real estate in India. The trust invests primarily in information technology and business parks, which provide office and workplace facilities for multinational corporations, technology companies and other businesses.

Formerly known as Ascendas India Trust, the trust was established in 2007 and was the first Indian-focused property trust listed on the Singapore Exchange.

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