Canadian Western Bank (OTCMKTS:CBWBF) Sees Large Increase in Short Interest

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

Canadian Western Bank Stock Performance

Shares of CBWBF stock opened at $40.92 on Monday. Canadian Western Bank has a 12 month low of $18.10 and a 12 month high of $42.62. The stock has a 50-day moving average price of $41.05 and a 200 day moving average price of $38.50.

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.