Suncorp Group Limited (OTCMKTS:SNMCY) Short Interest Up 71.0% in December

Suncorp Group Limited (OTCMKTS:SNMCY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,048 shares, an increase of 71.0% from the November 30th total of 1,198 shares. Based on an average trading volume of 36,830 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 36,830 shares, the short-interest ratio is presently 0.1 days.

Suncorp Group Price Performance

OTCMKTS SNMCY traded up $0.91 on Friday, hitting $12.31. 5,343 shares of the company traded hands, compared to its average volume of 9,625. The business’s 50 day moving average price is $12.44 and its 200-day moving average price is $13.34. Suncorp Group has a 52-week low of $9.00 and a 52-week high of $15.25.

About Suncorp Group

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.