Commonwealth Bank of Australia (OTCMKTS:CMWAY) Short Interest Down 75.9% in March

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

Commonwealth Bank of Australia Trading Down 1.0 %

Shares of OTCMKTS:CMWAY traded down $0.98 during mid-day trading on Friday, hitting $93.15. 48,862 shares of the company traded hands, compared to its average volume of 25,089. Commonwealth Bank of Australia has a 52-week low of $71.30 and a 52-week high of $108.91. The firm’s 50 day simple moving average is $97.73 and its 200 day simple moving average is $97.26. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.09 and a current ratio of 1.09.

Commonwealth Bank of Australia Cuts Dividend

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