Canadian Western Bank (OTCMKTS:CBWBF) Short Interest Down 43.5% in September

Canadian Western Bank (OTCMKTS:CBWBF) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 1,244,000 shares, a decline of 43.5% from the September 15th total of 2,200,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 12,440.0 days.

Canadian Western Bank Price Performance

Shares of CBWBF remained flat at $40.11 during mid-day trading on Friday. The business has a 50-day moving average of $37.35 and a two-hundred day moving average of $29.20. Canadian Western Bank has a one year low of $18.10 and a one year high of $40.18.

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.