Commonwealth Bank of Australia (OTCMKTS:CBAUF) Sees Significant Decrease in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CBAUF) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 10,720,300 shares, a decline 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 presently 53,601.5 days.

Commonwealth Bank of Australia Stock Performance

CBAUF remained flat at $97.76 during trading on Monday. Commonwealth Bank of Australia has a 52 week low of $67.73 and a 52 week high of $97.76. The firm has a fifty day simple moving average of $91.94 and a 200-day simple moving average of $85.67.

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.