Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Grows By 124.0%

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 5,367 shares, a growth of 124.0% from the December 31st total of 2,396 shares. Based on an average daily trading volume, of 41,198 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 41,198 shares, the days-to-cover ratio is presently 0.1 days.

Suncorp Group Stock Performance

SNMCY stock opened at $12.24 on Friday. The firm’s 50-day moving average price is $11.80 and its two-hundred day moving average price is $13.00. Suncorp Group has a 12-month low of $9.00 and a 12-month high of $15.25.

About Suncorp Group

(Get Free Report)

Suncorp Group is a leading Australian financial services company headquartered in Brisbane, Queensland. The group offers a comprehensive range of insurance, banking and wealth management products to personal, small business and corporate clients. Operating across Australia and New Zealand, Suncorp serves its customers through a network of branches, digital platforms and partnerships with brokers and agents.

The company’s core insurance business provides general insurance cover for motor, home, commercial and specialty lines.

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