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

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

Suncorp Group Stock Up 7.5%

SNMCY stock opened at $11.06 on Thursday. The business has a 50 day moving average of $11.70 and a 200 day moving average of $12.75. Suncorp Group has a twelve month low of $9.00 and a twelve month 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.