Suncorp Group Limited (OTCMKTS:SNMCY) Short Interest Up 200.0% in July

Suncorp Group Limited (OTCMKTS:SNMCY) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 300 shares, a growth of 200.0% from the June 30th total of 100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1.5 days.

Suncorp Group Stock Performance

Shares of Suncorp Group stock remained flat at $11.30 during trading on Friday. 177 shares of the stock traded hands, compared to its average volume of 1,369. Suncorp Group has a 52-week low of $8.09 and a 52-week high of $11.67. The company’s 50 day moving average price is $11.05 and its 200-day moving average price is $10.44.

About Suncorp Group

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.