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

Commonwealth Bank of Australia (OTCMKTS:CBAUF) was the recipient of a large decline in short interest in 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 trading volume, of 100 shares, the days-to-cover ratio is currently 84,961.0 days.

Commonwealth Bank of Australia Stock Performance

Commonwealth Bank of Australia stock opened at $91.15 on Friday. The firm has a 50-day moving average of $96.22 and a 200-day moving average of $91.42. Commonwealth Bank of Australia has a one year low of $71.35 and a one year high of $99.68.

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.