Suncorp Group Limited (OTCMKTS:SNMCY – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 21,762 shares, a drop of 91.0% from the May 31st total of 241,077 shares. Based on an average daily volume of 287,066 shares, the days-to-cover ratio is currently 0.1 days.
Suncorp Group Trading Up 1.3%
SNMCY stock traded up $0.17 during trading hours on Friday, hitting $13.30. 54,010 shares of the stock traded hands, compared to its average volume of 109,383. The stock has a 50-day simple moving average of $12.63 and a 200 day simple moving average of $11.85. Suncorp Group has a one year low of $9.43 and a one year 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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