Commonwealth Bank of Australia (OTCMKTS:CMWAY) Sees Significant Growth in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 18,000 shares, an increase of 66.7% from the December 15th total of 10,800 shares. Based on an average daily volume of 44,400 shares, the short-interest ratio is presently 0.4 days.

Commonwealth Bank of Australia Stock Performance

Shares of OTCMKTS CMWAY traded up $1.47 during trading on Wednesday, hitting $95.63. 25,717 shares of the company traded hands, compared to its average volume of 26,405. The business’s fifty day moving average is $99.20 and its 200 day moving average is $94.30. 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 has a fifty-two week low of $71.30 and a fifty-two week high of $108.15.

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.