Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Expands By 71.0%

Suncorp Group Limited (OTCMKTS:SNMCY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,048 shares, an increase of 71.0% from the November 30th total of 1,198 shares. Based on an average trading volume of 36,830 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 36,830 shares, the days-to-cover ratio is presently 0.1 days.

Suncorp Group Trading Up 8.0%

OTCMKTS:SNMCY traded up $0.91 on Friday, hitting $12.31. The stock had a trading volume of 5,343 shares, compared to its average volume of 9,625. The business’s 50-day simple moving average is $12.44 and its two-hundred day simple moving average is $13.34. Suncorp Group has a 52-week low of $9.00 and a 52-week high of $15.25.

About Suncorp Group

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.