Suncorp Group Limited (OTCMKTS:SNMCY) Short Interest Down 68.8% in February

Suncorp Group Limited (OTCMKTS:SNMCY) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 6,522 shares, a drop of 68.8% from the January 29th total of 20,905 shares. Based on an average daily volume of 33,318 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 33,318 shares, the short-interest ratio is currently 0.2 days.

Suncorp Group Stock Down 6.7%

Shares of SNMCY traded down $0.74 during trading hours on Friday, reaching $10.32. 1,578 shares of the company traded hands, compared to its average volume of 17,889. The stock’s fifty day moving average is $11.69 and its 200 day moving average is $12.74. Suncorp Group has a 1-year low of $9.00 and a 1-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.