Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 16,200 shares, a decrease of 33.1% from the May 15th total of 24,200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 393,800 shares, the days-to-cover ratio is presently 0.0 days.
Commonwealth Bank of Australia Stock Up 0.7%
Shares of CMWAY opened at $117.51 on Tuesday. Commonwealth Bank of Australia has a 12-month low of $80.50 and a 12-month high of $119.60. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.09 and a current ratio of 1.09. The company's 50 day simple moving average is $109.07 and its 200-day simple moving average is $101.50.
About Commonwealth Bank of Australia
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Commonwealth Bank of Australia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Commonwealth Bank of Australia wasn't on the list.
While Commonwealth Bank of Australia currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.