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

Suncorp Group Limited (OTCMKTS:SNMCY) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 4,366 shares, a decrease of 67.3% from the February 26th total of 13,371 shares. Based on an average trading volume of 93,896 shares, the days-to-cover ratio is presently 0.0 days.

Suncorp Group Stock Up 1.0%

OTCMKTS SNMCY opened at $11.45 on Thursday. Suncorp Group has a 52 week low of $9.00 and a 52 week high of $15.25. The firm’s 50-day simple moving average is $11.27 and its two-hundred day simple moving average is $12.29.

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.