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

Commonwealth Bank of Australia (OTCMKTS:CMWAY) saw a large drop in short interest in the month of 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 volume of 62,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Commonwealth Bank of Australia Trading Down 1.0 %

Shares of OTCMKTS:CMWAY traded down $0.98 during trading on Friday, reaching $93.15. 48,862 shares of the stock were exchanged, compared to its average volume of 25,089. The firm’s 50-day moving average price is $97.73 and its 200 day moving average price is $97.26. Commonwealth Bank of Australia has a 12-month low of $71.30 and a 12-month high of $108.91. 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 firm also recently disclosed a dividend, which will be paid on Monday, April 7th. Shareholders of record on Monday, February 24th will be paid a dividend of $1.4108 per share. 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.