CapitaLand India Trust (OTCMKTS:ACNDF) Sees Large Drop in Short Interest

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

CapitaLand India Trust Stock Up 5.8%

CapitaLand India Trust stock opened at C$0.74 on Wednesday. CapitaLand India Trust has a 12 month low of C$0.69 and a 12 month high of C$1.24. The stock’s 50 day moving average is C$0.78 and its 200-day moving average is 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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