Suncorp Group Limited (OTCMKTS:SNMCY) Short Interest Update

Suncorp Group Limited (OTCMKTS:SNMCY) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 20,905 shares, an increase of 289.5% from the January 15th total of 5,367 shares. Based on an average trading volume of 31,970 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 31,970 shares, the short-interest ratio is presently 0.7 days.

Suncorp Group Stock Up 5.2%

OTCMKTS:SNMCY opened at $11.89 on Thursday. Suncorp Group has a 1-year low of $9.00 and a 1-year high of $15.25. The company has a 50 day moving average price of $11.74 and a 200-day moving average price of $12.90.

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.