Suncorp Group Limited (OTCMKTS:SNMYF) Short Interest Down 30.7% in December

Suncorp Group Limited (OTCMKTS:SNMYF) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 1,412,200 shares, a decrease of 30.7% from the December 15th total of 2,038,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 14,122.0 days.

Suncorp Group Price Performance

Shares of Suncorp Group stock remained flat at $10.84 on Thursday. The company’s 50-day simple moving average is $11.60 and its 200 day simple moving average is $11.64. Suncorp Group has a one year low of $9.32 and a one year high of $13.59.

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.