COMMONWEALTH BANK OF A (OTCMKTS:CBAUF) Stock Is Shorted More

January 14, 2018 - By Darrin Black

The stock of COMMONWEALTH BANK OF A (OTCMKTS:CBAUF) registered an increase of 6% in short interest. CBAUF’s total short interest was 7.14M shares in January as published by FINRA. Its up 6% from 6.74M shares, reported previously. With 600 shares average volume, it will take short sellers 11904 days to cover their CBAUF’s short positions.

The stock increased 0.16% or $0.1 during the last trading session, reaching $64.03. About 100 shares traded. Commonwealth Bank of Australia (OTCMKTS:CBAUF) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company has market cap of $118.45 billion. It offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking services and products. It has a 14.53 P/E ratio. The firm provides retail banking services, including home loans, credit cards, personal loans, transaction accounts, and demand and term deposits through its Commonwealth Bank and Bankwest brands; and commercial products, such as business loans, equipment and trade finance, and rural and agribusiness products to firms, government entities, and other institutions.

More important recent Commonwealth Bank of Australia (OTCMKTS:CBAUF) news were published by: Fool.com.Au which released: “Why overseas investors are rushing to buy Commonwealth Bank of Australia debt” on January 07, 2018, also Livetradingnews.com published article titled: “Commonwealth Bank of Australia (ASX:CBA) Consolidating Mixed Signals”, Fool.com.Au published: “Is the Commonwealth Bank of Australia share price a buy?” on January 09, 2018. More interesting news about Commonwealth Bank of Australia (OTCMKTS:CBAUF) was released by: Reuters.com and their article: “Australia’s CBA weighs exiting Indonesian insurance unit valued at up to $250 …” with publication date: January 11, 2018.

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