Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Expands By 20.8%

Suncorp Group Limited (OTCMKTS:SNMCY) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,900 shares, an increase of 20.8% from the May 15th total of 2,400 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 4.8 days.

Suncorp Group Price Performance

Shares of SNMCY remained flat at $10.54 during midday trading on Friday. Suncorp Group has a fifty-two week low of $8.09 and a fifty-two week high of $11.20. The firm’s 50-day moving average price is $10.71 and its 200-day moving average price is $10.01.

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.