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

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

Canadian Western Bank Stock Performance

OTCMKTS CBWBF remained flat at $40.11 on Friday. Canadian Western Bank has a one year low of $18.10 and a one year high of $40.18. The business has a fifty day moving average price of $37.24 and a 200-day moving average price of $29.00.

Analyst Upgrades and Downgrades

Separately, Raymond James increased their price target on Canadian Western Bank from $37.00 to $52.00 and gave the stock an “outperform” rating in a report on Thursday, June 13th.

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.