Short Interest in Commonwealth Bank of Australia (OTCMKTS:CMWAY) Grows By 279.1%

Commonwealth Bank of Australia (OTCMKTS:CMWAY) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 16,300 shares, a growth of 279.1% from the October 15th total of 4,300 shares. Based on an average daily trading volume, of 30,100 shares, the short-interest ratio is presently 0.5 days.

Commonwealth Bank of Australia Trading Down 1.4 %

Shares of OTCMKTS CMWAY traded down $1.34 during midday trading on Tuesday, reaching $97.49. The company’s stock had a trading volume of 23,148 shares, compared to its average volume of 18,258. 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 firm has a 50 day moving average price of $94.78 and a 200-day moving average price of $88.26. Commonwealth Bank of Australia has a 12-month low of $63.92 and a 12-month high of $100.56.

Commonwealth Bank of Australia Increases Dividend

The business also recently declared a dividend, which was paid on Monday, October 7th. Investors of record on Monday, August 26th were paid a $1.6378 dividend. This is an increase from Commonwealth Bank of Australia’s previous dividend of $1.37. The ex-dividend date was Monday, August 26th.

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.