Short Interest in Commonwealth Bank of Australia (OTCMKTS:CMWAY) Expands By 38.1%

Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) saw a significant increase in short interest in 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. Based on an average daily trading volume, of 35,200 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company's shares are short sold.

Commonwealth Bank of Australia Trading Up 2.2 %

Commonwealth Bank of Australia stock traded up $1.99 during midday trading on Monday, reaching $92.69. The stock had a trading volume of 52,157 shares, compared to its average volume of 23,363. The firm's fifty day simple moving average is $98.44 and its two-hundred day simple moving average is $97.45. 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 has a twelve month low of $71.30 and a twelve month high of $108.91.

Commonwealth Bank of Australia Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 7th. Investors of record on Monday, February 24th will be issued a $1.4108 dividend. The ex-dividend date of this dividend 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.