Canadian Western Bank (OTCMKTS:CBWBF) Sees Significant Growth in Short Interest

Canadian Western Bank (OTCMKTS:CBWBF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,720,500 shares, a growth of 28.3% from the November 30th total of 1,340,500 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 2,457.9 days.

Canadian Western Bank Price Performance

Shares of Canadian Western Bank stock opened at $40.92 on Tuesday. The stock has a 50 day moving average of $41.11 and a 200 day moving average of $37.56. Canadian Western Bank has a 12 month low of $18.10 and a 12 month high of $42.62.

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.