Suncorp Group Limited (OTCMKTS:SNMCY) Short Interest Update

Suncorp Group Limited (OTCMKTS:SNMCY) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 50.0% from the January 31st total of 400 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 0.5 days.

Suncorp Group Price Performance

Shares of SNMCY stock traded up $0.69 during mid-day trading on Friday, reaching $13.65. The stock had a trading volume of 629 shares, compared to its average volume of 1,140. The firm’s 50 day simple moving average is $12.57 and its 200 day simple moving average is $12.42. Suncorp Group has a one year low of $9.67 and a one year high of $13.90.

Suncorp Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, February 24th will be given a dividend of $0.1382 per share. The ex-dividend date is Monday, February 24th.

Suncorp Group Company Profile

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.