CapitaLand India Trust (OTCMKTS:ACNDF) Short Interest Down 15.7% in April

CapitaLand India Trust (OTCMKTS:ACNDF) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,414,800 shares, a decline of 15.7% from the March 31st total of 2,862,900 shares. Based on an average daily trading volume, of 37,300 shares, the short-interest ratio is presently 64.7 days.

CapitaLand India Trust Price Performance

OTCMKTS:ACNDF opened at C$0.70 on Friday. CapitaLand India Trust has a 1-year low of C$0.59 and a 1-year high of C$0.89. The firm has a fifty day simple moving average of C$0.70 and a 200 day simple moving average of C$0.75.

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.