Short Interest in Canadian Western Bank (OTCMKTS:CBWBF) Increases By 28.3%

Canadian Western Bank (OTCMKTS:CBWBF) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,720,500 shares, a growth of 28.3% from the November 30th total of 1,340,500 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 2,457.9 days.

Canadian Western Bank Price Performance

Shares of CBWBF stock remained flat at $40.92 during trading on Monday. The stock had a trading volume of 1,400 shares, compared to its average volume of 3,580. The business’s 50 day moving average is $41.11 and its two-hundred day moving average is $37.56. Canadian Western Bank has a 52 week low of $18.10 and a 52 week high of $42.62.

Canadian Western Bank Company Profile

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.