CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Update

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

CapitaLand India Trust Stock Performance

CapitaLand India Trust stock opened at C$0.73 on Friday. CapitaLand India Trust has a twelve month low of C$0.72 and a twelve month high of C$0.88. The company’s 50-day moving average price is C$0.76 and its 200-day moving average price is C$0.78.

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.