Commonwealth Bank of Australia (OTCMKTS:CMWAY) Sees Large Decline in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 10,900 shares, a drop of 12.8% from the November 15th total of 12,500 shares. Based on an average daily trading volume, of 34,000 shares, the days-to-cover ratio is presently 0.3 days.

Commonwealth Bank of Australia Stock Performance

Shares of OTCMKTS CMWAY opened at $101.02 on Tuesday. The stock has a 50-day moving average price of $97.97 and a two-hundred day moving average price of $92.32. Commonwealth Bank of Australia has a 12 month low of $71.30 and a 12 month high of $108.15. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.09 and a quick ratio of 1.09.

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.