Suncorp Group Limited (OTCMKTS:SNMCY) Short Interest Up 92.3% in May

Suncorp Group Limited (OTCMKTS:SNMCY) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 2,500 shares, an increase of 92.3% from the April 30th total of 1,300 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 0.8 days.

Suncorp Group Price Performance

OTCMKTS SNMCY opened at $12.38 on Monday. Suncorp Group has a 52-week low of $9.00 and a 52-week high of $14.05. The business’s 50-day moving average price is $12.56 and its 200 day moving average price is $12.56.

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.