Commonwealth Bank of Australia (OTCMKTS:CBAUF) Short Interest Update

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

Commonwealth Bank of Australia Stock Performance

CBAUF stock remained flat at $91.15 during midday trading on Friday. Commonwealth Bank of Australia has a fifty-two week low of $71.35 and a fifty-two week high of $99.68. The stock’s fifty day moving average price is $96.22 and its 200-day moving average price is $91.49.

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.