Short Interest in Commonwealth Bank of Australia (OTCMKTS:CMWAY) Drops By 12.8%

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 volume of 34,000 shares, the short-interest ratio is currently 0.3 days.

Commonwealth Bank of Australia Stock Performance

OTCMKTS CMWAY opened at $101.15 on Friday. The stock’s 50-day simple moving average is $97.78 and its two-hundred day simple moving average is $92.06. Commonwealth Bank of Australia has a twelve month low of $70.99 and a twelve month high of $108.15. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.09 and a current 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.