Canadian Western Bank (OTCMKTS:CBWBF) Short Interest Update

Canadian Western Bank (OTCMKTS:CBWBF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,839,500 shares, a growth of 6.9% from the December 15th total of 1,720,500 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is presently 1,149.7 days.

Canadian Western Bank Price Performance

Shares of OTCMKTS:CBWBF opened at $40.92 on Monday. The company’s 50-day moving average price is $41.05 and its two-hundred day moving average price is $38.50. Canadian Western Bank has a one year low of $18.10 and a one year high of $42.62.

About Canadian Western Bank

Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards.