Suncorp Group Limited (OTCMKTS:SNMCY – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 333,665 shares, an increase of 92.8% from the April 30th total of 173,073 shares. Based on an average daily trading volume, of 813,746 shares, the days-to-cover ratio is presently 0.4 days.
Suncorp Group Trading Up 0.4%
Suncorp Group stock opened at $12.65 on Tuesday. The firm’s 50 day moving average price is $12.07 and its two-hundred day moving average price is $11.76. Suncorp Group has a twelve month low of $9.43 and a twelve month high of $15.25.
Suncorp Group Company Profile
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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