Commonwealth Bank of Australia (OTCMKTS:CMWAY) Sees Large Increase in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,800 shares, an increase of 38.1% from the February 13th total of 4,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 35,200 shares, the short-interest ratio is presently 0.2 days.

Commonwealth Bank of Australia Trading Up 2.2 %

OTCMKTS CMWAY opened at $92.69 on Tuesday. The stock has a 50-day simple moving average of $98.44 and a 200 day simple moving average of $97.45. 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 company also recently disclosed a dividend, which will be paid on Monday, April 7th. Investors of record on Monday, February 24th will be given a $1.4108 dividend. The ex-dividend date is Monday, February 24th.

About Commonwealth Bank of Australia

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.