CapitaLand India Trust (OTCMKTS:ACNDF) Sees Significant Decline in Short Interest

CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 381,600 shares, a drop of 49.9% from the August 31st total of 761,553 shares. Based on an average daily volume of 168,509 shares, the short-interest ratio is presently 2.3 days. Currently, 0.0% of the company’s shares are short sold.

CapitaLand India Trust Price Performance

Shares of ACNDF opened at C$0.71 on Thursday. CapitaLand India Trust has a twelve month low of C$0.69 and a twelve month high of C$1.24. The firm has a fifty day simple moving average of C$0.78 and a two-hundred day simple moving average of C$0.80.

CapitaLand India Trust Company Profile

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CapitaLand India Trust (CLINT) is a Singapore-listed business trust focused on owning and managing income-producing commercial real estate in India. Its portfolio is primarily centered on business and information technology parks, which provide office and related infrastructure for multinational companies, technology firms and other corporate tenants.

The trust also has exposure to industrial facilities and data centers, supporting the growing demand for technology, logistics and business infrastructure in India.

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