Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Declines By 66.7%

Suncorp Group Limited (OTCMKTS:SNMCY) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decline of 66.7% from the December 15th total of 600 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 0.3 days.

Suncorp Group Stock Down 8.2 %

Shares of SNMCY traded down $1.07 during trading hours on Monday, hitting $12.03. 1,563 shares of the stock were exchanged, compared to its average volume of 693. The stock’s 50-day moving average price is $12.31 and its two-hundred day moving average price is $12.01. Suncorp Group has a 12-month low of $8.95 and a 12-month 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.