Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Expands By 630.2%

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) was the recipient of a significant growth in short interest in 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 trading volume of 340,171 shares, the days-to-cover ratio is currently 0.5 days.

Suncorp Group Stock Performance

Shares of SNMCY stock traded up $0.37 on Wednesday, hitting $12.61. The stock had a trading volume of 154,534 shares, compared to its average volume of 88,309. The business has a 50 day moving average price of $11.47 and a 200 day moving average price of $11.82. Suncorp Group has a one year low of $9.43 and a one year high of $15.25.

About Suncorp Group

(Get Free Report)

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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