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

Suncorp Group Limited (OTCMKTS:SNMCY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 600 shares, a drop 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

OTCMKTS:SNMCY remained flat at $12.05 during midday trading on Monday. 114 shares of the company were exchanged, compared to its average volume of 2,107. The business’s 50-day simple moving average is $12.46 and its two-hundred day simple moving average is $11.96. 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.