Commonwealth Bank of Australia (OTCMKTS:CMWAY – Get Free Report) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, a drop of 75.9% from the February 28th total of 5,800 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 62,300 shares, the short-interest ratio is currently 0.0 days.
Commonwealth Bank of Australia Stock Performance
Commonwealth Bank of Australia stock opened at $93.15 on Friday. The business’s 50-day moving average price is $97.73 and its two-hundred day moving average price is $97.26. Commonwealth Bank of Australia has a 12-month low of $71.30 and a 12-month high of $108.91. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.98.
Commonwealth Bank of Australia Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Monday, February 24th will be issued a dividend of $1.4108 per share. The ex-dividend date is Monday, February 24th.
Commonwealth Bank of Australia Company Profile
Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.
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