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

Commonwealth Bank of Australia (OTCMKTS:CBAUF) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 12,035,400 shares, a growth of 12.5% from the June 15th total of 10,699,800 shares. Based on an average daily trading volume, of 10,100 shares, the short-interest ratio is presently 1,191.6 days.

Commonwealth Bank of Australia Stock Up 7.3 %

Shares of OTCMKTS CBAUF traded up $5.93 during midday trading on Monday, hitting $87.68. The stock had a trading volume of 900 shares, compared to its average volume of 464. Commonwealth Bank of Australia has a fifty-two week low of $61.00 and a fifty-two week high of $87.68. The company’s 50-day simple moving average is $78.49 and its 200 day simple moving average is $76.50.

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.