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

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 2,048 shares, a growth of 71.0% from the November 30th total of 1,198 shares. Based on an average daily volume of 36,830 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 36,830 shares, the days-to-cover ratio is currently 0.1 days.

Suncorp Group Stock Down 3.3%

SNMCY stock opened at $11.90 on Tuesday. The business’s 50-day moving average is $12.40 and its two-hundred day moving average is $13.32. Suncorp Group has a 1 year low of $9.00 and a 1 year 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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