Short Interest in Commonwealth Bank of Australia (OTCMKTS:CMWAY) Drops By 75.9%

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 75.9% from the February 28th total of 5,800 shares. Based on an average daily volume of 62,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Commonwealth Bank of Australia Stock Performance

CMWAY opened at $93.88 on Thursday. Commonwealth Bank of Australia has a 12-month low of $71.30 and a 12-month high of $108.91. The stock’s 50 day moving average price is $97.85 and its two-hundred day moving average price is $97.30. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.98.

Commonwealth Bank of Australia Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, April 7th. Investors of record on Monday, February 24th will be paid 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.