Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY) Sees Large Decrease in Short Interest

Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAYGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 27,786 shares, a drop of 35.2% from the August 15th total of 42,900 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 114,723 shares, the short-interest ratio is currently 0.2 days.

Commonwealth Bank of Australia Price Performance

Commonwealth Bank of Australia stock opened at $107.33 on Thursday. Commonwealth Bank of Australia has a 52 week low of $96.94 and a 52 week high of $136.85. The company’s 50 day moving average price is $117.84 and its two-hundred day moving average price is $119.15.

About Commonwealth Bank of Australia

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Commonwealth Bank of Australia (OTCMKTS:CMWAY), commonly known as CommBank, is an Australian financial services group headquartered in Sydney. Established by the Australian government in 1911 and fully privatized in the 1990s, the bank provides banking and financial services to individuals, businesses, institutions and government customers.

Its principal activities include retail and business banking, home and personal lending, transaction and savings accounts, credit cards, payments, deposits, insurance and foreign exchange services.

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