Westpac Banking Co. (OTCMKTS:WEBNF) Short Interest Down 23.5% in June

Westpac Banking Co. (OTCMKTS:WEBNF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 13,518,100 shares, a drop of 23.5% from the May 31st total of 17,666,300 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is presently 3,297.1 days.

Westpac Banking Stock Performance

Shares of OTCMKTS:WEBNF opened at C$17.00 on Friday. Westpac Banking has a 52 week low of C$12.75 and a 52 week high of C$18.46. The company has a 50-day moving average price of C$17.39 and a 200 day moving average price of C$16.57.

About Westpac Banking

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products.