Commonwealth Bank of Australia (OTCMKTS:CMWAY) Sees Significant Growth in Short Interest

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 18,000 shares, an increase of 66.7% from the December 15th total of 10,800 shares. Based on an average trading volume of 44,400 shares, the days-to-cover ratio is currently 0.4 days.

Commonwealth Bank of Australia Trading Up 1.2 %

Shares of CMWAY stock traded up $1.19 during trading hours on Friday, reaching $97.09. 20,896 shares of the company’s stock were exchanged, compared to its average volume of 18,907. Commonwealth Bank of Australia has a 1 year low of $71.30 and a 1 year 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. The stock’s fifty day moving average price is $99.19 and its two-hundred day moving average price is $94.30.

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.