Canadian Western Bank (OTCMKTS:CBWBF) Short Interest Up 6.9% in December

Canadian Western Bank (OTCMKTS:CBWBF) was the target of a significant increase in short interest in 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 daily volume of 1,600 shares, the short-interest ratio is presently 1,149.7 days.

Canadian Western Bank Stock Performance

CBWBF remained flat at $40.92 during midday trading on Friday. Canadian Western Bank has a 52 week low of $18.10 and a 52 week high of $42.62. The business has a fifty day moving average price of $41.05 and a 200-day moving average price of $38.46.

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.