Commonwealth Bank of Australia (OTCMKTS:CBAUF) Short Interest Down 13.5% in October

Commonwealth Bank of Australia (OTCMKTS:CBAUF) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 10,720,300 shares, a drop of 13.5% from the October 15th total of 12,391,300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 53,601.5 days.

Commonwealth Bank of Australia Stock Performance

Shares of CBAUF remained flat at $97.76 during midday trading on Friday. Commonwealth Bank of Australia has a 52-week low of $67.73 and a 52-week high of $97.76. The company’s 50-day simple moving average is $91.94 and its 200-day simple moving average is $85.59.

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.