Short Interest in Commonwealth Bank of Australia (OTCMKTS:CMWAY) Declines By 10.3%

Commonwealth Bank of Australia (OTCMKTS:CMWAY) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 8,700 shares, a drop of 10.3% from the March 15th total of 9,700 shares. Based on an average daily volume of 29,400 shares, the short-interest ratio is currently 0.3 days.

Commonwealth Bank of Australia Price Performance

Shares of OTCMKTS:CMWAY opened at $74.62 on Monday. The stock’s 50-day simple moving average is $76.87 and its two-hundred day simple moving average is $72.14. Commonwealth Bank of Australia has a 52-week low of $59.95 and a 52-week high of $81.92.

Commonwealth Bank of Australia Cuts Dividend

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

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.