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

Commonwealth Bank of Australia logo with Finance background

Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 24,200 shares, a growth of 374.5% from the April 30th total of 5,100 shares. Based on an average daily volume of 96,700 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Commonwealth Bank of Australia Trading Up 1.3%

Shares of CMWAY traded up $1.46 during mid-day trading on Friday, reaching $113.58. The company's stock had a trading volume of 48,736 shares, compared to its average volume of 64,955. The business has a fifty day moving average of $103.57 and a 200 day moving average of $100.30. Commonwealth Bank of Australia has a 1 year low of $77.76 and a 1 year high of $114.58. 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

(Get Free Report)

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.

Further Reading

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