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

Commonwealth Bank of Australia (OTCMKTS:CBAUF – Get Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 10,538,100 shares, an increase of 6.3% from the April 15th total of 9,912,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 52,690.5 days.

Commonwealth Bank of Australia Price Performance

CBAUF opened at $64.92 on Monday. Commonwealth Bank of Australia has a 12 month low of $59.48 and a 12 month high of $78.03. The stock has a fifty day moving average price of $65.15 and a 200-day moving average price of $68.94.

Commonwealth Bank of Australia Company Profile

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Commonwealth Bank of Australia engages in the provision of banking and financial services. It operates through the following segments: Retail Banking Services, Business Banking, Institutional Banking and Markets, New Zealand, Corporate Centre and Other, and Wealth Management. The Retail Banking Services segment provides home loan, consumer finance, and retail deposit products and servicing to all retail bank customers and non-relationship managed small business customers.