COMMONWEALTH BANK OF AUSTRALIA ORDINARY (OTCMKTS:CBAUF) Sellers Covered 4.83% of Their Shorts

Commonwealth Bank of Australia (OTCMKTS:CBAUF) Logo

The stock of COMMONWEALTH BANK OF AUSTRALIA ORDINARY (OTCMKTS:CBAUF) registered a decrease of 4.83% in short interest. CBAUF’s total short interest was 6.89 million shares in November as published by FINRA. Its down 4.83% from 7.24M shares, reported previously. With 1,300 shares average volume, it will take short sellers 5300 days to cover their CBAUF’s short positions.

It closed at $50.26 lastly. It is down 0.00% since November 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company has market cap of $88.83 billion. It offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking services and products. It has a 13.12 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.

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