Commonwealth Bank of Australia (OTCMKTS:CBAUF) Short Interest Down 13.5% in October

Commonwealth Bank of Australia (OTCMKTS:CBAUF) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 10,720,300 shares, a decrease of 13.5% from the October 15th total of 12,391,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 53,601.5 days.

Commonwealth Bank of Australia Stock Performance

Shares of CBAUF remained flat at $97.76 during midday trading on Monday. The company’s 50-day moving average price is $91.94 and its two-hundred day moving average price is $85.67. Commonwealth Bank of Australia has a twelve month low of $67.73 and a twelve month high of $97.76.

About Commonwealth Bank of Australia

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.