Short Interest in Canadian Western Bank (OTCMKTS:CBWBF) Expands By 7.9%

Canadian Western Bank (OTCMKTS:CBWBF) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 1,342,300 shares, a growth of 7.9% from the September 30th total of 1,244,000 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 6,711.5 days.

Canadian Western Bank Stock Performance

CBWBF stock opened at $40.96 on Thursday. The company has a 50 day moving average of $39.15 and a two-hundred day moving average of $31.04. Canadian Western Bank has a 12-month low of $18.10 and a 12-month high of $40.96.

About Canadian Western Bank

Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards.