Commonwealth Bank of Australia (OTCMKTS:CBAUF) Sees Large Decline in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CBAUF) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 12,315,700 shares, a drop of 7.1% from the August 31st total of 13,256,300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 61,578.5 days.

Commonwealth Bank of Australia Stock Down 6.2 %

CBAUF traded down $5.94 on Monday, reaching $90.56. The stock had a trading volume of 400 shares, compared to its average volume of 447. Commonwealth Bank of Australia has a 12-month low of $61.00 and a 12-month high of $96.50. The business’s 50-day moving average price is $89.62 and its two-hundred day moving average price is $82.02.

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.