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

Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 8,700 shares, a decrease of 10.3% from the March 15th total of 9,700 shares. Based on an average daily trading volume, of 29,400 shares, the days-to-cover ratio is presently 0.3 days.

Commonwealth Bank of Australia Price Performance

Shares of CMWAY traded down $1.36 during mid-day trading on Monday, reaching $73.26. The company's stock had a trading volume of 25,210 shares, compared to its average volume of 18,649. The business has a fifty day moving average of $76.83 and a 200 day moving average of $72.20. Commonwealth Bank of Australia has a 1 year low of $59.95 and a 1 year high of $81.92.

Commonwealth Bank of Australia Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, April 8th. Stockholders of record on Monday, February 26th were given a $1.3732 dividend. The ex-dividend date of this dividend was Friday, February 23rd.

About Commonwealth Bank of Australia

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.