Short Interest in Commonwealth Bank of Australia (OTCMKTS:CBAUF) Declines By 12.2%

Commonwealth Bank of Australia (OTCMKTS:CBAUF) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 8,496,100 shares, a decrease of 12.2% from the December 15th total of 9,677,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 84,961.0 days.

Commonwealth Bank of Australia Price Performance

OTCMKTS CBAUF remained flat at $91.15 during trading hours on Friday. 3,534 shares of the company were exchanged, compared to its average volume of 1,502. The company’s 50 day simple moving average is $96.19 and its two-hundred day simple moving average is $91.36. Commonwealth Bank of Australia has a 1-year low of $71.35 and a 1-year high of $99.68.

Commonwealth Bank of Australia Company Profile

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.