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

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

Suncorp Group Stock Performance

Shares of Suncorp Group stock remained flat at $13.75 on Wednesday. The stock had a trading volume of 472 shares, compared to its average volume of 848. Suncorp Group has a fifty-two week low of $8.95 and a fifty-two week high of $13.90. The business has a 50-day moving average price of $12.47 and a 200 day moving average price of $12.14.

Suncorp Group Company Profile

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.