Short Interest in Commonwealth Bank of Australia (OTCMKTS:CMWAY) Grows By 371.4%

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 6,600 shares, an increase of 371.4% from the March 15th total of 1,400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 74,500 shares, the short-interest ratio is currently 0.1 days.

Commonwealth Bank of Australia Price Performance

OTCMKTS CMWAY traded up $0.76 during mid-day trading on Tuesday, reaching $99.75. 61,688 shares of the company’s stock traded hands, compared to its average volume of 30,971. The company has a fifty day simple moving average of $96.33 and a 200-day simple moving average of $97.09. Commonwealth Bank of Australia has a 1-year low of $71.30 and a 1-year high of $108.91. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.09 and a quick ratio of 1.09.

Commonwealth Bank of Australia Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 7th. Investors of record on Monday, February 24th were issued a $1.4108 dividend. The ex-dividend date of this dividend was 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.