Commonwealth Bank of Australia (OTCMKTS:CMWAY) Short Interest Update

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 29,800 shares, a growth of 58.5% from the May 31st total of 18,800 shares. Based on an average trading volume of 46,400 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Commonwealth Bank of Australia to a “strong sell” rating in a research report on Monday, June 24th.

Commonwealth Bank of Australia Trading Up 0.1 %

CMWAY traded up $0.07 on Friday, hitting $84.58. 27,878 shares of the stock were exchanged, compared to its average volume of 21,670. Commonwealth Bank of Australia has a 12 month low of $59.95 and a 12 month high of $86.27. The business has a 50-day moving average of $80.15 and a two-hundred day moving average of $77.43.

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.