Commonwealth Bank of Australia (OTCMKTS:CBAUF) Short Interest Down 12.2% in December

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

Commonwealth Bank of Australia Stock Performance

Shares of OTCMKTS:CBAUF remained flat at $91.15 during midday trading on Friday. The stock’s 50-day simple moving average is $96.22 and its two-hundred day simple moving average is $91.49. Commonwealth Bank of Australia has a fifty-two week low of $71.35 and a fifty-two week high of $99.68.

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.