Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Drops By 33.3%

Suncorp Group Limited (OTCMKTS:SNMCY) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 600 shares, a decline of 33.3% from the November 30th total of 900 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 0.9 days.

Suncorp Group Price Performance

Shares of OTCMKTS SNMCY remained flat at $12.05 during mid-day trading on Friday. 114 shares of the stock were exchanged, compared to its average volume of 2,107. The business has a fifty day simple moving average of $12.46 and a 200-day simple moving average of $11.95. Suncorp Group has a 1-year low of $8.95 and a 1-year high of $13.90.

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.