Suncorp Group Limited (OTCMKTS:SNMCY) Sees Large Increase in Short Interest

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 173,073 shares, a growth of 630.2% from the April 15th total of 23,701 shares. Based on an average daily volume of 340,171 shares, the short-interest ratio is currently 0.5 days.

Suncorp Group Price Performance

OTCMKTS:SNMCY opened at $12.32 on Tuesday. The stock’s fifty day moving average price is $11.44 and its two-hundred day moving average price is $11.83. Suncorp Group has a 52-week low of $9.43 and a 52-week high of $15.25.

Suncorp Group Company Profile

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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.

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