Short Interest in CapitaLand India Trust (OTCMKTS:ACNDF) Decreases By 16.0%

CapitaLand India Trust (OTCMKTS:ACNDF) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 2,766,200 shares, a decrease of 16.0% from the February 13th total of 3,292,900 shares. Based on an average daily trading volume, of 16,200 shares, the days-to-cover ratio is currently 170.8 days.

CapitaLand India Trust Price Performance

OTCMKTS:ACNDF opened at C$0.71 on Thursday. The company has a 50-day moving average of C$0.75 and a 200-day moving average of C$0.79. CapitaLand India Trust has a 52 week low of C$0.66 and a 52 week high of C$0.89.

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.